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Calculate the financial distress indicator (z-score) in 2014? Total Current Assets Net fixed assets Total Assets 2014 $500 $2.000 $2.500 Sales COGS Depreciation EBIT 2014

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Calculate the financial distress indicator (z-score) in 2014? Total Current Assets Net fixed assets Total Assets 2014 $500 $2.000 $2.500 Sales COGS Depreciation EBIT 2014 2015 $800 $885 $400 $450 $100 $100 $300 $335 $35 $35 Accounts Payable $200 Interest Long EBT term debt due in 1year Long-term debt Total Liabilities $330 $905 $1.435 Taxes Net Income $265 $300 $93 $105 $172 $195 Common Stock Retained Earnings Total equity $345 $720 $1.065 Add. R.E. Dividends $160 $183 $12 $12 Total Liabilities & Equity Stock Price Shares Outstanding $3.50 $3.75 600 650 $2.500 1.72 1.98 1.43 2.15 1.11

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