Question
Bankruptcy Risk and Z-Score Analysis Following are selected ratios for Logitech International SA for the companys 2019 fiscal year. $ thousands (except per share numbers)
Bankruptcy Risk and Z-Score Analysis
Following are selected ratios for Logitech International SA for the companys 2019 fiscal year.
| $ thousands (except per share numbers) | |||
|---|---|---|---|
| Current assets | $1,350,436 | EBIT | $263,194 |
| Current liabilities | $717,819 | Total liabilities | $847,785 |
| Total assets | $2,024,124 | Sales revenue | $2,788,322 |
| Retained earnings | $1,365,036 | Shares outstanding | 165,862,887 |
| Price per share | $39.34 |
Compute and interpret the Altman Z-score. Do not round computations until your final answer. Round answer to two decimal places.
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Basic Finance An Introduction To Financial Institutions, Investments And Management
Authors: Herbert B Mayo
9th Edition
0324322291, 9780324322293
