1 Following is information conceming Howell Company (all amounts in milions): 2. 3 2017 2016 2015 4. Current assets $7.110.45 57.732.02 $8.19130 s Current liabilities 2.21128 2.41923 2,812.11 6 Total assets 8.086 84 8.720.32 9,083 54 7 Total Babilities 4,849 18 5,193 08 5,66761 8 Shares outstanding 15888 15701 153.9 9 Retained earnings 3.503 11 3,468.93 3,363 27 10 Stock price per share 20.15 24.12 302 11 Sales 3.858.21 5,646.98 7.123.45 Earnings before 108.53 5531 12 interest and taxes 1,552.59 13 14 Required: Compute and compare the Altman Z-score for the three years provided, what trend appears? Is Howell Company more or less likely to go bankrupt given the score in 201or 2017? 15 16 18 19 20 21 22 Q 02 Q3 04 DO NOT USE or delete Ready 1 Following is information conceming Howell Company (all amounts in milions): 2. 3 2017 2016 2015 4. Current assets $7.110.45 57.732.02 $8.19130 s Current liabilities 2.21128 2.41923 2,812.11 6 Total assets 8.086 84 8.720.32 9,083 54 7 Total Babilities 4,849 18 5,193 08 5,66761 8 Shares outstanding 15888 15701 153.9 9 Retained earnings 3.503 11 3,468.93 3,363 27 10 Stock price per share 20.15 24.12 302 11 Sales 3.858.21 5,646.98 7.123.45 Earnings before 108.53 5531 12 interest and taxes 1,552.59 13 14 Required: Compute and compare the Altman Z-score for the three years provided, what trend appears? Is Howell Company more or less likely to go bankrupt given the score in 201or 2017? 15 16 18 19 20 21 22 Q 02 Q3 04 DO NOT USE or delete Ready