Research Article
The Credit Asset of Enterprise Accounts Receivable Pricing Model
Table 2
Three model experimental evolution results.
| | Variable | Industry default loss rate (I) | Industry default loss rate (II) | Industry default loss rate (III) |
| | Asset-liability ratio () | −1.671212 | 0.014867 | | | Asset profitability () | −0.2520199 | −0.0158547 | | | Current ratio () | −0.2530928 | −0.0047897 | −0.004936 | | Approximate accounts receivable turnover ratio () | −0.0036502 | −0.0000371 | −0.0000528 | | Income growth ratio () | 0.3298607 | 0.0043544 | | | Profit growth rate () | −0.00052 | | | | Asset-liability ratio ( square terms) | | −0.0379262 | | | Current ratio ( square terms) | | | 0.0003357 | | Income growth ratio ( square terms) | | −0.0081017 | | | Constant number | 4.653968 | 0.0476511 | 0.0418854 | | 4.91% | 7.53% | 5.60% |
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Note: , , and represent significance levels of 90%, 95%, and 99%, respectively. |
