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Liverpool Company Variable Financial Ratio Coefficient Score Total Everton Incorporated Variable Financial Ratio Coefficient Score Total Part 3. Using the information provided in the table

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Liverpool Company Variable Financial Ratio Coefficient Score Total Everton Incorporated Variable Financial Ratio Coefficient Score Total Part 3. Using the information provided in the table below, calculate the Altman Z-score for each of the companies. Use the template in the Excel sheet labeled "Part 3 - Altman Z-score" for your calculations and answer the questions that follow (S millions) Working capital Retained earnings Earnings before interest and taxes Market value of equity Sales Total assets Total liabilities Liverpool Company Everton Incorporated (9,761) 25,212 21,854 85,992 14,243 194,772 67,224 121,347 56,521 25,552 188,867 126,862 272,093 185,778 . What is the book value of the equity of each company? 2. How do you explain the difference between the book value and the market value of a company's equity? 3. Which of these two companies would you be more likely to grant a loan to? Please support your answer with the results analysiS

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