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3. WK: working capital; RE: retained earnings; EBIT: operating income; MVE; market value of equity; TA: total assets. RE WK EBIT. Z-score = [1.2* MVE
3. WK: working capital; RE: retained earnings; EBIT: operating income; MVE; market value of equity; TA: total assets. RE WK EBIT. Z-score = [1.2* MVE ]+[1.4*]+[3.3* --]+[0.6* TA TA TA TL $]+[0.99* Sales TA Consider the following financial statements of FCB company (albeit, truncated). Current assets Current Liabilities Total assets $21,398 $ 10,924 $37,074 Total liabilities Retained earnings EBIT $ 16,209 $ 15,998 $2,888 Number of shares outstanding Price per share 1,600 $ ?? Sales $ 14,072 Required: FCB's Z-score is 4.0 . Find FCB's stock price per share
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