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 | $82,000 |
| EBIT | 9,800 |
| Net working capital | 6,100 |
| Book value of equity | 37,000 |
| Accumulated retained earnings | 17,900 |
| Total liabilities | 76,000 |
| What is the Z-score for this company? |
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
12th edition
1259918947, 1260091908, 978-1259918940
