Working Capital Management and Its Impact on Firms’ Performance: An Empirical Analysis on Ethiopian Exporters

Table 3

Multicollinearity test, test of autocorrelation, and test of heteroscedasticity.

RTOA			RTOI
Multicollinearity test			Multicollinearity test
Variable	VIF	1/VIF	Variable	VIF	1/VIF
IVCP	1.29	0.088550	IVCP	1.29	0.088550
ARVP	9.63	0.103791	ARVP	9.63	0.103791
APYP	5.87	0.170326	APYP	5.87	0.170326
CHCC	3.26	0.306489	CHCC	3.26	0.306489
Mean VIF	7.52		Mean VIF	7.52
Durbin–Watson test			Durbin–Watson test
Durbin–Watson d-statistic (5, 164) = 1.429306			Durbin–Watson d-statistic (7, 272) = 1.340941
Breusch–Pagan/Cook–Weisberg test			Breusch–Pagan/Cook–Weisberg test
chi2(1) = 0.14			chi2(1) = 2.81
Prob > chi2 = 0.7061			Prob > chi2 = 0.0939