Compute and Interpret Altman's Z-scores

Following is selected financial information for Netflix, for 2018 and 2017.

Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places.

In thousands, except per share data	2018	2017
Current assets	$11,632,962	$9,203,969
Current liabilities	6,487,320	5,466,312
Total assets	31,169,280	22,815,290
Total liabilities	24,882,762	18,516,943
Shares outstanding	523,919	520,072
Retained earnings	2,942,359	1,731,117
Stock price per share	321.00	191.96
Sales	15,794,341	14,031,256
Earnings before interest and taxes	1,926,271	838,679

Compute and interpret Altman Z-scores for the company for both years.

	Year	Z-score
	2017
	2018

Is the company's bankruptcy risk increasing or decreasing over this period?