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Current assets 20000 Retained earning 20000 Current liabilities 10000 Total liabilities 10000 Total assets 100000 shareholders' equity 40000 EBIT 40000 Sales 100000 The Z-score by
Current assets | 20000 | Retained earning | 20000 |
Current liabilities | 10000 | Total liabilities | 10000 |
Total assets | 100000 | shareholders' equity | 40000 |
EBIT | 40000 | Sales | 100000 |
The Z-score by using the above data and the following Altman's model is about
Z = 1.2X1 + 1.4X2 + 3.3X3 + 0.6X4 + X5
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