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Arcket, Inc. is a publicly traded nonmanufacturing company. The following information is available from its financial statements: Net working capital Retained earnings Earnings before Interest

Arcket, Inc. is a publicly traded nonmanufacturing company. The following information is available from its financial statements: Net working capital Retained earnings Earnings before Interest and taxes Market value of equity Book value of total debt Total assets Sales $200,000 $125,000 $375,000 $1,015,000 $1,750,000 $2,500,000 $1,500,000 Calculate and interpret the Altman's Z-score for Arcket, Inc. 1.6084; Bankrupt 2.312; Zone of ignorance 1.40816; Zone of ignorance 2.9108; Non-bankrupt
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Calculate and interpret the Altman's Z-score for Arcket, inc. 1.6084; Bankrupt 2.312; Zone of ignorance 1.40816, Zone of ignorance 2.9108; Non-bankrupt

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