Question
Consider the following financial statements of FCB company (albeit, truncated). Current assets $21,398 Current Liabilities $ 10,924 Total assets $37,074 Total liabilities $ 16,209 Retained
Consider the following financial statements of FCB company (albeit, truncated).
Current assets $21,398
Current Liabilities $ 10,924
Total assets $37,074
Total liabilities $ 16,209
Retained earnings $ 15,998
EBIT $2,888
Number of shares outstanding 1,286
Price per share $ ??
Sales $ 14,072
Another company, called REAL, a competitor of FCB, has the same variables and numerical values as that of FCB except for its stock price per share, which is $28 per share. Compute the Z-score of REAL and assess REALs bankruptcy situation.
PLEASE NO EXCEL!!! ALSO I'LL REPORT THE SOL;ITUION IF IT'S COPY PASTED FORM CHEGG. THANK YOU
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