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Flash Inc reports 2 million in net working capitals, 3 million in retained earnings, 10 million in EBIT. Total Tiabilities are given as 24 million.

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Flash Inc reports 2 million in net working capitals, 3 million in retained earnings, 10 million in EBIT. Total Tiabilities are given as 24 million. Currently shares are traded at 2 and there are 10 million shares outstanding, Total revenues is 30 million and total assets is given as 60 million. 1. Predict the level of financial stress based on Altman's Z-scores. ii. An Altman's Z-score below 2 can signal about bankruptcy. What is your conclusions for Flash Inc

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