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2. The following data appeared in the books of an industrial corporation: Total Assets $3,000 Total Liabilities 1,800 Sales Revenue 4,000 Current Assets 1500 Current

2. The following data appeared in the books of an industrial corporation: Total Assets $3,000 Total Liabilities 1,800 Sales Revenue 4,000 Current Assets 1500 Current Liabilities 1,200 Share-holders'Equity 2,000 Market value of shares 3,000 Retained Earning 500 EBIT 350 Net Income after Tax 150 Required: Calculate the Z-Score to determine the extent of the company'ability to continue ( Solvencey). (5 Points) Enter your

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