Question
Following are selected ratios for Logitech International SA for the companys 2019 fiscal year. $ thousands (except per share numbers) Current assets $1,458,471 EBIT $284,250
Following are selected ratios for Logitech International SA for the companys 2019 fiscal year.
| $ thousands (except per share numbers) | |||
|---|---|---|---|
| Current assets | $1,458,471 | EBIT | $284,250 |
| Current liabilities | $775,245 | Total liabilities | $915,608 |
| Total assets | $2,186,054 | Sales revenue | $3,011,388 |
| Retained earnings | $1,474,239 | Shares outstanding | 165,862,887 |
| Price per share | $39.34 |
Compute and interpret the Altman Z-score. Do not round computations until your final answer. Round answer to two decimal places. Answer
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International Corporate Reporting Global And Diverse
Authors: Pauline Weetman, Ioannis Tsalavoutas, Paul Gordon
5th Edition
1138364991, 9781138364998
