Cash 90 40 719 FGO Inc., a publicly traded manufacturing firm, has provided the following financial information in its application for a loan Assets $ Liabilities and equity 30Accounts payable 30 Accounts receivables 90Notes payable Inventory 90 Accruals Long-term debt 150 Plant and equipment 500 Equity (RE- $22) 400 Total assets 710 Total liabilities and equity Also assume sales = $600, cost of goods sold = $420, taxes = $56, Interest payments = $40 and net income = $44, the dividend payout ratio is 50 per cent and the market value of equity is equal to the book value What is the Altman discriminant function value for FGO Inc.? Recall that Net working capital = current assets - current liabilities Current assets a cash + accounts receivable + inventories Current liabilities - accounts payable + accruals + notes payable EBIT - revenues-cost of goods sold - depreciation Altman's discriminant function is given by: Z = 1.2X1 + 1,4x2 + 3.3X3 +0.6x4 + 1.0X5 Assume prior retained earnings are zero (Round to three decimal places) A X1 B. X2 CX3 D X4 E X5 F Z