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Compute the Z score for company A. The Z score for company B is 5.13. The Z score for company C is 3.63. PII-13 The

Compute the Z score for company A. The Z score for company B is 5.13. The Z score for company C is 3.63. image text in transcribed
PII-13 The following data are for the A, B, and CCompanies: Company Variables $150,000 $170,000 $180,000 Current assets Current liabilities 60,000 50,000 30,000 Total assets $300,000 $280,000 $250,000 Retained earnings 80,000 90,000 60,000 s 70,000 60,000 50,000 Eamings before interest and taxes 20.00 18.75 16.50 Market price per share 9,000 9,000 Number of shares outstanding 9,000 Book value of total debt 30,000 50,000 80,000 Sales $430,000 SA00,000 S200,000 Required a. Compute the Z score for each company. b. According to the Altman model, which of these firms is most likely to experience financial failure

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