Question
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 | $79,000 |
| EBIT | 9,500 |
| Net working capital | 5,800 |
| Book value of equity | 34,000 |
| Accumulated retained earnings | 17,600 |
| Total liabilities | 73,000 |
| What is the Z-score for this company? |
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
