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Following are selected ratios for JetBlue Airways for two recent fiscal years. Ratio 2010 2009 Current ratio 1.253 1.326 Working capital to total assets 0.042

Following are selected ratios for JetBlue Airways for two recent fiscal years.

Ratio 2010 2009
Current ratio 1.253 1.326
Working capital to total assets 0.042 0.058
Retained earnings to total assets 0.033 0.019
EBIT to total assets 0.050 0.040
Market value of equity to total liabilities 0.390 0.320
Sales to total assets 0.573 0.503

Compute and interpret Altman Z-scores for the company for both years. (Do not round until your final answer; then round your answers to two decimal places.) 2010 z-score = Answer

2009 z-score = Answer

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