Question
ACI Limited has applied for a loan at Islami Bank Limited. Mr. Shibly, the credit analyst at the bank, has gathered the following information from
ACI Limited has applied for a loan at Islami Bank Limited. Mr. Shibly, the credit analyst at the bank, has gathered the following information from the company's financial information: Total Asset $82000, EBIT 7300, Net Working Capital 3700, Book value of Equity 18500, Accumulated Retained Earnings 19000, Sales 95500, Total Liabilities 300000. The stock price of ACI Limited is $32 per share and there are 3800 shares outstanding. What is the Z score for the company? Is ACI is going to bankrupt or not?
a. What is the Z score for the company?
b. Is ACI is going to bankrupt or not?
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
