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? |
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Introduction To Institutions Management And Investments
Authors: Herbert Mayo
10th International Edition
1111820643, 9781111820640
