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Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from Seether, LLC, a private company. An abbreviated portion of
Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: |
Total assets | $65,000 |
EBIT | 8,100 |
Net working capital | 4,400 |
Book value of equity | 20,000 |
Accumulated retained earnings | 16,200 |
Total liabilities | 59,000 |
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.) |
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