Suppose we add a new variable equal to current liabilities/current assets to Altmans equation. Would you expect

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Suppose we add a new variable equal to current liabilities/current assets to Altman’s equation. Would you expect this variable to receive a positive or negative coefficient?

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ISE Investments

ISBN: 9781260571158

12th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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