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c) Consider a company for which working capital is K170 total assets are K670 earnings before interest and taxes is K60 sales are K2,200 the
c) Consider a company for which working capital is K170 total assets are K670 earnings before interest and taxes is K60 sales are K2,200 the market value of equity is K380 total liabilities is K240 and retained earnings is K300. Compute these ratios using the Altman Z-score: X1, X2, X3, X4, and X5. [5 Marks]
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