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Altman z score Total assets 1000 million Current liabilities of 54 million Retained earnings 200 million The market value of equity is 500 million Net
Altman z score
Total assets 1000 million Current liabilities of 54 million Retained earnings 200 million The market value of equity is 500 million Net sales are 1996 million Current assets are 354 million Shareholders equity 400 million FIND ALTMAN Z SCORE AND Z1, Z2, Z3, Z4, Z5, note: use this equation Z=1.2X1+1.4X2+3.3X3+0.6X4+1.0X5Step by Step Solution
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Financial Accounting
Authors: Belverd E Needles, Marian Powers
10th Edition
0547193289, 9780547193281
