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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
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 company's financial statements: Total assets EBIT Net working capital Book value of equity Accumulated retained earnings Sales $83,000 7,300 3,800 23,000 17,200 96,000 The stock price of FMM is $25 per share and there are 5,400 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 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 company's financial statements: Total assets EBIT Net working capital Book value of equity Accumulated retained earnings Sales $83,000 7,300 3,800 23,000 17,200 96,000 The stock price of FMM is $25 per share and there are 5,400 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
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