Question
According to the regression using net income along to explain the market value of equity, the market values each dollar of net income with a
According to the regression using net income along to explain the market value of equity, the market values each dollar of net income with a multiple of ______
A)13.498
B)1773.15
C)0.786
D)6805
SUMMARY OUTPUT Regression Statistics Multiple R 0.78626602 R Square 0.61821425 Adjusted R S 0.61815814 Standard Erro 18745.6037 Observations 6806 df SS MS F Significance F 1 3.8715E+12 3.8715E+12 11017.5136 0 6804 2.3909E+12 351397659 6805 6.2624E+12 0 ANOVA 1 2 Regression 3 Residual 4 Total 5 6 7 Intercept 3 ni 9 Coefficients itandard Error t Stat 1773.15175 230.852438 7.68088813 13.4978857 0.12859496 104.964345 P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% 1.8018E-14 1320.60878 2225.69472 1320.60878 2225.69472 0 13.2457993 13.749972 13.2457993 13.749972
According to the regression using net income along to explain the market value of equity, the market values each dollar of net income with a multiple of ______
A)13.498
B)1773.15
C)0.786
D)6805
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
5th edition
9780470418239, 470239808, 9780470239803, 470418230, 978-1118128169
