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

 According to the regression using net income along to explain the

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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!