Compute the Z score for Giant Motors Corporation (GMC) given the following information for year-end 2012:

At what share price would GMC have a Z score equal to 3.00? How does the future look for GMC?

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GMC Financial Information (year-end 2012) Current assets Current liabilities Retained earnings Total assets Total liabilities Shares outstanding Share price Sales EBIT $55,515,000 $ 74,892,000 $ 14,428,000 $482,029,000 $451,877,000 565,100,304 29.27 $193,517,000 ,192000 All values In thousands except share price and shares outstanding.