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a. Using the 2019 Annual Report for Pier 1 Imports and any other source necessary, calculate the Altman Z score for the Company. For the
a. Using the 2019 Annual Report for Pier 1 Imports and any other source necessary, calculate the Altman Z score for the Company. For the stock market price needed in the calculation, use the market price as of the 2019 fiscal year end. b. Pier 1 declared bankruptcy in February of 2020. Was the Altman Z score from one year previous a good predictor in this case? Which factor in the formula seemed to have the greatest effect on your conclusion? c. Calculate the Altman Z score for Saputo as of it's 2021 fiscal year end. Does the score indicate a high bankruptcy risk? d. Estimate a credit score for Saputo based on your calculations for any measures you can calculate. What is your overall credit rating? Explain
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