Using the financial information for the Viking Company given below, and the HZ Bankruptcy Prediction Model,...
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Using the financial information for the Viking Company given below, and the HZ Bankruptcy Prediction Model, calculate the probability that Viking will file for bankruptcy in the next twelve months. Viking Company Balance Sheets and Income Statement Year -1 ($ in thousands) Income Statement Revenue. Operating expenses. Depreciation expense. Earnings before interest and taxes... Interest expense.. Income before taxes. Income tax expense. Net income.. Balance Sheet Total current assets Property, plant & equipment (net). Total assets. Account payable Debt Total liabilities Capital stock Retained earnings Shareholders' equity Liabilities and shareholders' equity... $ 1,904 30,894 $32,798 $ 626 16,399 $17,025 $8,000 7,773 $15,773 $32,798 Year 0 $12,290 -4,793 -1,920 $5,577 -1,148 $ 4,429 -1,329 $3,100 $ 2,044 29,553 $31,596 $672 16,563 $17,235 $8,000 6,361 $14,361 $31,596 Viking Company Unlevered Free Cash Flow Statement ($ in thousands) Unlevered operating cash flow... - Change in required cash balance - Capital expenditures.. Unlevered free cash flow.. Year 0 $5,735 -5 -578 $5,152 Using the financial information for the Viking Company given below, and the HZ Bankruptcy Prediction Model, calculate the probability that Viking will file for bankruptcy in the next twelve months. Viking Company Balance Sheets and Income Statement Year -1 ($ in thousands) Income Statement Revenue. Operating expenses. Depreciation expense. Earnings before interest and taxes... Interest expense.. Income before taxes. Income tax expense. Net income.. Balance Sheet Total current assets Property, plant & equipment (net). Total assets. Account payable Debt Total liabilities Capital stock Retained earnings Shareholders' equity Liabilities and shareholders' equity... $ 1,904 30,894 $32,798 $ 626 16,399 $17,025 $8,000 7,773 $15,773 $32,798 Year 0 $12,290 -4,793 -1,920 $5,577 -1,148 $ 4,429 -1,329 $3,100 $ 2,044 29,553 $31,596 $672 16,563 $17,235 $8,000 6,361 $14,361 $31,596 Viking Company Unlevered Free Cash Flow Statement ($ in thousands) Unlevered operating cash flow... - Change in required cash balance - Capital expenditures.. Unlevered free cash flow.. Year 0 $5,735 -5 -578 $5,152 Using the financial information for the Viking Company given below, and the HZ Bankruptcy Prediction Model, calculate the probability that Viking will file for bankruptcy in the next twelve months. Viking Company Balance Sheets and Income Statement Year -1 ($ in thousands) Income Statement Revenue. Operating expenses. Depreciation expense. Earnings before interest and taxes... Interest expense.. Income before taxes. Income tax expense. Net income.. Balance Sheet Total current assets Property, plant & equipment (net). Total assets. Account payable Debt Total liabilities Capital stock Retained earnings Shareholders' equity Liabilities and shareholders' equity... $ 1,904 30,894 $32,798 $ 626 16,399 $17,025 $8,000 7,773 $15,773 $32,798 Year 0 $12,290 -4,793 -1,920 $5,577 -1,148 $ 4,429 -1,329 $3,100 $ 2,044 29,553 $31,596 $672 16,563 $17,235 $8,000 6,361 $14,361 $31,596 Viking Company Unlevered Free Cash Flow Statement ($ in thousands) Unlevered operating cash flow... - Change in required cash balance - Capital expenditures.. Unlevered free cash flow.. Year 0 $5,735 -5 -578 $5,152
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Related Book For
Accounting Principles Part 3
ISBN: 978-1118306802
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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