16 Negative Equity Four of the Z-score variables were negative for Carillion. Does this explain why few
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16 Negative Equity Four of the Z-score variables were negative for Carillion. Does this explain why few people anticipated the insolvency before 2018? Explain. Why do you think Carillion wasn’t considered a risk in the years prior to the bankruptcy? Refer to Real World Insight 29.2 in your answer.
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