Question
2- Refer to Question 1. You have the following additional data for the year 2020: (a) Revenue = 10.000 TL; (b) Gross profit margin
2- Refer to Question 1. You have the following additional data for the year 2020: (a) Revenue = 10.000 TL; (b) Gross profit margin = 50%; (c) OpEx = 4.000 TL; (d) Depreciation expense = 100 TL; (e) Interest expense 300 TL; (f) Income tax = 20%; (g) price per share 2 TL. What is the Altman's Z-score? (Assume that the equity section in the balance sheet involves 1 TL par common stocks and retained earnings only. Retained earnings include net profit.) %3D %3D %3D %3! 3,925 3,877 O 3,835 O 7,177 Dier:
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
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