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didnt really say, im assuming 1 equals low credit risk and 10 means high credit risk DuPont Dow PG P 0.91 0.92 6.56 x Working
didnt really say, im assuming 1 equals low credit risk and 10 means high credit risk
DuPont Dow PG P 0.91 0.92 6.56 x Working Capital Total Assets 3.26 x Retained Earnings/Total Assets 6.72x EBIT/Total Assets 1.05 x BV of Equity / BV of Debt Z-score Category 0.46 99 " N 0.35 3.53 Healthy Healthy b. 2016 bond ratings for the chemical companies are: Under the more recent Altman 2 score model, the Z-score cutoffs less than 11. Bankrupt 1.10 to 2.6-Gray Area Greater than 26-Healthy DuPont A3 Moody's Standard & Poor's Dow Baa2 BB PPG A 3 A A Evaluate the credit worthiness of these companies. Use Altman's Z-score, analysis and rate the companies on a 1-10 scale Explanation OM Du Pont Dow DPG c. Are the signals from Altman's Z-score and bond ratings consistent? Explain DuPont Dow PG P 0.91 0.92 6.56 x Working Capital Total Assets 3.26 x Retained Earnings/Total Assets 6.72x EBIT/Total Assets 1.05 x BV of Equity / BV of Debt Z-score Category 0.46 99 " N 0.35 3.53 Healthy Healthy b. 2016 bond ratings for the chemical companies are: Under the more recent Altman 2 score model, the Z-score cutoffs less than 11. Bankrupt 1.10 to 2.6-Gray Area Greater than 26-Healthy DuPont A3 Moody's Standard & Poor's Dow Baa2 BB PPG A 3 A A Evaluate the credit worthiness of these companies. Use Altman's Z-score, analysis and rate the companies on a 1-10 scale Explanation OM Du Pont Dow DPG c. Are the signals from Altman's Z-score and bond ratings consistent? Explain Step by Step Solution
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