Calculate the z-score for Grand Forks Seed and Supplies (a private firm) using the financial data above and indicate what the likelihood of bankruptcy is given your value.

IMG_7214.jpg G Q Search QUESTION 3 Balance sheet information Assets Liabilities and Equity Cash $25,000 Accounts payable $100,000 Accounts receivable $100,000 Accrued expenses $25,000 Inventory $100,000 Notes payable $125,000 Current assets $225,000 Current marturing debt $10,000 Fixed assets $2,000,000 Current liabilities $260,000 Total assets $2,225,000 Long-term debt $1,500,000 Total Liabilities $1,760,000 Retained earnings $465,000 Equity $465,000 Total Liabilities & Equity $2,225,000 Income statement information Sales $1,800,000 Cost of goods sold (COGS) $1,500,000 Operating expenses $600,000 Calculate the z-score for Grand Forks Seed and Supplies (a private firm) using the financial data above and indicate what given your value. [5 points] For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B 1 V S Paragraph Arial 14px v P IMG_7214.jpg G Q Search QUESTION 3 Balance sheet information Assets Liabilities and Equity Cash $25,000 Accounts payable $100,000 Accounts receivable $100,000 Accrued expenses $25,000 Inventory $100,000 Notes payable $125,000 Current assets $225,000 Current marturing debt $10,000 Fixed assets $2,000,000 Current liabilities $260,000 Total assets $2,225,000 Long-term debt $1,500,000 Total Liabilities $1,760,000 Retained earnings $465,000 Equity $465,000 Total Liabilities & Equity $2,225,000 Income statement information Sales $1,800,000 Cost of goods sold (COGS) $1,500,000 Operating expenses $600,000 Calculate the z-score for Grand Forks Seed and Supplies (a private firm) using the financial data above and indicate what given your value. [5 points] For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B 1 V S Paragraph Arial 14px v P