Question
Balance Sheet ABC:Cash & cash equivalents 120,000 Debtors ? Inventory ? Current Assets ? Land, Plant & Equipment 205,000 Noncurrent Assets ? Total Assets ?
Balance Sheet ABC:Cash & cash equivalents 120,000 Debtors ? Inventory ? Current Assets ? Land, Plant & Equipment 205,000 Noncurrent Assets ? Total Assets ? Liabilities & Stockholders Equity Creditors ? Other short-term liabilities ? Total Current Liabilities ? Long-term debt ? Total Noncurrent Liabilities ? Total Liabilities ? Common stock ? Retained earnings ? Stockholders Equity ? Total Liabilities & Stockholders Equity 575,000
Income statement ABC:Total revenue ? (-) Cost of sales ? Gross profit 145,000 (-) SG&A ? EBIT ? (+) Interest revenue 0 (-) Interest expense 15,000 EBT ? (-) Taxes ? Net income ?
There is also the following information : Stockholders equity to Total liabilities ratio = 1.5, Creditors are 4 times greater in value to Other short-term liabilities, Inventory turnover = sales / inventory = 46, Interest coverage = 6, Inventory turnover (calculating with cost of sales) = cost of sales / inventory = 17, Current ratio = 4.
Given that there is no taxation and dividends: a) Calculate the missing values in question marks and fill in the above balance sheet and income statement, b) Calculate Altman s Z score for the company.
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