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 $75,000 EBIT 9,100 Net working capital 5,400 Book value of equity 30,000 Accumulated retained earnings 17,200 Total liabilities 69,000 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.) Z-score?
The answer 3.014 is incorrect, can you please help me to resolve it please!
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