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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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