$3.$ Jet Jet Aviaition, Inc. $($JJAI$)$ has applied for a loan from Vector Bank. The credit analyst at the bank has reviewed JJAI and the following information from the firm$$s financial statements.

Total Assets $$75,000$

EBIT $$6,900$

Networking Capital $$3,000$

Book value to equity $$19,000$

Accumulated Retained Earnings $$16,000$

Sales $$92,000$

Answer the following:

The Stock price of JJAI is $$21$ per share and there are $5,000$ shares outstanding.

What is the Z$-$score for this company?

What does the calculated Z$-$score tell you about the firm? Please show your work and if you use excel please explain the equations used im new to this and trying to learn it