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 | $73,000 |
| EBIT | 8,900 |
| Net working capital | 5,200 |
| Book value of equity | 28,000 |
| Accumulated retained earnings | 17,000 |
| Total liabilities | 67,000 |
| 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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Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
28th Edition
1337902683, 978-1337902687
