Compute and Interpret Altman's Z-scores Following is selected financial information for eBay Inc., for its fiscal years
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Question:
Compute and Interpret Altman's Z-scores
Following is selected financial information for eBay Inc., for its fiscal years 2013 and 2012.
(In millions, except per share data)20132012Current assets$ 23,283$ 21,398Current liabilities12,63910,924Total assets41,48837,074Total liabilities17,84116,209Shares outstanding1,2941,286Retained earnings18,85415,998Stock price per share54.8751.00Sales16,04714,072Earnings before interest and taxes3,3712,888
Compute and interpret Altman Z-scores for the company for both years.(Do not round until your final answer; then round your answers to two decimal places.)
2013 z-score =Answer
2012 z-score =Answer
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