Impact of the Reduction of VAT Rate on Southeast Coastal Real Estate Enterprises

Table 3

Wilcoxon signed ranks test.

		N	Average value of rank	Sum of rank
Operating income in 2019-operating income in 2018	Negative rank	140^a	149.84	20978.00
	Positive rank	176^b	165.39	29108.00
	Binding value	0^c
	The total	316

^aOperating income in 2019 < operating income in 2018. ^bOperating income in 2019 > operating income in 2018. ^cOperating income in 2019 = operating income in 2018.