The Credit Asset of Enterprise Accounts Receivable Pricing Model

Table 12

Results.

Variable	The first sum of accounts receivable	The second sum of accounts receivable
Expected loss rate,	0.0366	0.0359
Unexpected loss rate,	0.0015	0.1983
Default loss rate of buyers,	0.1889	0.1995
Defaulted loss rate of sellers,	0.0697	0.5697
Defaulted loss rate of environment,	0.0730	0.1384
Default loss rate,	(0.0224, 0.0538)	(0.2185, 0.2499)
Estimated value of accounts receivable,	1530.75	(805.73, 821.90)

Note: (a) indicates 95% confidence interval value; (b) the coefficient of the impact of indexes of the buyer system, the seller system, and the environmental system on the rate of unexpected losses are 62.57%, 35.68%, and 1.75% respectively quoted by research findings (Pu and Han) [22]; (c) the rate of unexpected losses includes the adjustment of the multiplier .