Fair-to-Midland Manufacturing, Inc., (FMM) has applied for a loan at True Credit Bank. Jon Fulkerson, the credit analyst at the bank, has gathered the following information from the companys financial statements:

Total assets	$111,000
EBIT	8,700
Net working capital	5,200
Book value of equity	37,000
Accumulated retained earnings	18,600
Sales	110,000

The stock price of FMM is $39 per share and there are 6,800 shares outstanding. What is the Z-score for this company? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

Z-score