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Answer the Question below Please Urgent The comth a financeitution in Dubai The CFO of a company, which manufactures custom car parts in lebel Industrial

Answer the Question below Please Urgent

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The comth a financeitution in Dubai The CFO of a company, which manufactures custom car parts in lebel Industrial area, submits to you a loan - Question completion Status 10 12 14 15 Problem solving: You are a officer wording w as a local car shop in Sharjah, has evolved a product provider. The condensed financial accounts are as follows: Cash SM Accounts receivables 17.1 20 Inventory 40 Total noncurrent assets 1123.9 Total assets 1201.0 Total current liabilities 202.1 Total noncurrent liabilities 288.9 Total liabilities 491.0 Paid-in share capital 611.0 Retained earnings 99.0 Total Shareholders' Equity 710.0 Total Equity and Liabilities 1201.0 Question Completion Status: 6 7 10 11 12 13 15 The Earnings before interest and tax are equal to AED 212,008,000 on sales of AED 818,111,000. The number of shares on issue is equal to 555,000,000 shares the share price being AED 3.07. The firm is requesting a loan of AED 90,000,000 to finance its working capital. The Altman relationship: Z = 1.2%, +1.4x, +3.3X, +0,6X, + 1X5 Current assets - current liabilities X = Total Assets Retained Earnings X = Total Assets EBIT X3 = Total Assets Market Value of Equity x = Book Value of total Liabilities Net Sales Total Assets Questions: 1. Using Altman Z score, what is the indication of credit risk? 2. Having carried out the Altman Z score analysis, what would be your final decision related to the loan application. TTTT Paragraph A Arial A 3 (12pt) The comth a financeitution in Dubai The CFO of a company, which manufactures custom car parts in lebel Industrial area, submits to you a loan - Question completion Status 10 12 14 15 Problem solving: You are a officer wording w as a local car shop in Sharjah, has evolved a product provider. The condensed financial accounts are as follows: Cash SM Accounts receivables 17.1 20 Inventory 40 Total noncurrent assets 1123.9 Total assets 1201.0 Total current liabilities 202.1 Total noncurrent liabilities 288.9 Total liabilities 491.0 Paid-in share capital 611.0 Retained earnings 99.0 Total Shareholders' Equity 710.0 Total Equity and Liabilities 1201.0 Question Completion Status: 6 7 10 11 12 13 15 The Earnings before interest and tax are equal to AED 212,008,000 on sales of AED 818,111,000. The number of shares on issue is equal to 555,000,000 shares the share price being AED 3.07. The firm is requesting a loan of AED 90,000,000 to finance its working capital. The Altman relationship: Z = 1.2%, +1.4x, +3.3X, +0,6X, + 1X5 Current assets - current liabilities X = Total Assets Retained Earnings X = Total Assets EBIT X3 = Total Assets Market Value of Equity x = Book Value of total Liabilities Net Sales Total Assets Questions: 1. Using Altman Z score, what is the indication of credit risk? 2. Having carried out the Altman Z score analysis, what would be your final decision related to the loan application. TTTT Paragraph A Arial A 3 (12pt)

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