Quantitative methods in accounting research A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals Sarayut Rueangsuwan Kasetsart University SEC Working Papers Forum 19th

Probit Maximum Likelihood Estimation method to estimate equation (5). In equation (5), the lengths of past earnings string variable help examine the extent to which firms can sustain increasing earnings

consisting of 2 phases with 8 stories had detail as follows Detail Phase 1 Phase 2 1.Total Units 141 Units 36 Units 2.Total Project Value * Cost Approach 228,447,600 Baht Income Approach 397,954,855.72 Baht

NTA of the Registered Company = Cannot be calculated due to Unimit Engineering (Myanmar) Co. Ltd not yet run 2. NET PROFIT METHOD Net profit method = (Net operating income of invest company x proportion

the asset acquired 2. Net Profit Method The Company’s net profit 0.00 Value of acquired assets 3. Aggregate Value of Returns Method Net value of the Company’s assets 1.01 4. Aggregate Value securities

New profit of the invested funds X proportion of the asset acquired 2. Net Profit Method The Company’s net profit 0.00 Value of acquired assets 3. Aggregate Value of Returns Method Net value of the

Value * Cost Approach 228,447,600 Baht Income Approach 397,954,855.72 Baht Cost Approach 62,663,815 Baht Income Approach 45,856,719.89 Baht 3.Project Progress Completed Construction 90 % and partial

acquisition and disposal methods as follows: Method Calculation Transaction Size ( percent ) 1.Asset Value Method (NTA) NTA of the invested funds x proportion of the assets acquired Company$s NTA - 2.Net Profit

the Stock Exchange of Thailand. Method Calculation Transaction Size (%) 1. Asset Value Method (NTA) NTA of the invested funds x proportion of the assets acquired Company’s NTA 0.03 2. Net Profit Method

. Asset Value Method (NTA) NTA of the invested funds x proportion of the assets acquired Company.s NTA 1.03 2. Net Profit Method New profit of the invested funds x proportion of the asset acquired The