Calculate the Altman's Z Score for Firm A and comment on the likelihood of financial distress.

Select one:

a. High Default Risk

b. Indeterminant Default Risk

c. Low Default Risk

d. Not enough information was given to assess the default risk

Calculate the Altman's Z Score for Firm B and comment on the likelihood of financial distress.

Select one:

a. High Default Risk

b. Indeterminant Default Risk

c. Low Default Risk

d. Not enough information was given to assess the default risk

Calculate the Altman's Z Score for Firm A and comment on the likelihood of financial distress.

Select one:

a. High Default Risk

b. Indeterminant Default Risk

c. Low Default Risk

d. Not enough information was given to assess the default risk