25. The Altman Z-score for Glimpy's Hot Dogs is 1.3 using current financial data. What does this mean in terms of the possibility of bankruptcy? If you were called in to assist Glimpy's Hot Dogs as a financial consultant, what immediate actions would you recommend Glimpy's leadership take that might quickly improve their financial performance and how would that be reflected in a revised Altman Z-score? In parallel, to prepare them for a potential outcome of bankruptcy leading to liquidation, list the order in which the following creditors would need to be repaid: (a) owners of Glimpy's preferred stock; (b) Glimpy's employees due payroll and benefits; (c) Glimpy's bondholders; (d) Glimpy's suppliers, such as their meat-packing providers; and ( e ) Glimpy's common stock shareholders