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Following is information concoming Howell Company (all amounts in millions Current assets Current liabilities Total assets Total liabilities Shares outstanding Retained camingo Stock price per
Following is information concoming Howell Company (all amounts in millions Current assets Current liabilities Total assets Total liabilities Shares outstanding Retained camingo Stock price per share Sales Eamings before interest and taxes 2017 $7,110.45 2.211.28 B,086.84 4,849.18 158.88 3,503.11 20.15 3,858.21 108.53 2016 $7.732 02 2.41923 8.720,32 5,193.08 157.01 3,468.93 24.12 5.646.98 2015 $8,191.30 2,812.11 9.083.54 5,667.61 153.9 3,363.27 30.2 7.123.45 553 1 1,552.59 Required: Compute and compare the Altman 2-score for the three years provided what trend appears? Is Howell Company more or less likely to go bankrupt given the Z-score in 2015 or 20177
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