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1.- Using the information below, calculate the Altmans Z-Score. Based on your analysis of the Z-Score, what is the status of the business? 2.- After
1.- Using the information below, calculate the Altmans Z-Score. Based on your analysis of the Z-Score, what is the status of the business?
2.- After analyzing the Z-Score and the different metrics needed to calculate the score, what is your opinion on the relevancy of the Z-Score?
3.- What outside factors can disrupt the accuracy of the score making it less dependable?
Make sure to show your work and provide a description.
Account Description | Amount |
Sales | $2,000,000 |
Operating income | $50,000 |
Working capital | $350,000 |
Total assets | $1,920,000 |
Total liabilities | $1,410,000 |
Retained earnings | $360,000 |
Market value of stocks | $970,000 |
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