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No pressure but the answer for this has been wrong across chegg Compute and Interpret Altman's Z-scores Following is selected financial information for Netflix, for
No pressure but the answer for this has been wrong across chegg
Compute and Interpret Altman's Z-scores Following is selected financial information for Netflix, for 2018 and 2017. In thousands, except per share data Current assets Current liabilities Total assets 2018 2017 $9,694,135 $7,669,974 6,487,320 5,466,312 25,974,400 19,012,742 20,735,635 15,430,786 436,599 433,393 2.942.359 1,731,117 267.66 191.96 Total liabilities Shares outstanding Retained earnings Stock price per share Sales Earnings before interest and taxes 15,794,341 11,692,713 1,605,226 838,679 Compute and interpret Altman Z-scores for the company for both years. (Do not round until your final answer; then round your answers to two decimal places.) 2018 Z-score = 0 2017 z-score = 0 Which of the following best describes the company's likelihood to go bankrupt given the z-score in 2018 compared to 2017. OThe Z-score in 2018 increased. Z-scores for both years are in the gray area indicating some risk of bankruptcy. OThe Z-score in 2018 increased, which suggests the company's risk of bankruptcy has increased. OThe Z-score in 2018 increased. Z-scores for both years indicate low bankruptcy potential in the short term. OThe Z-score in 2018 decreased, which suggests the company's risk of bankruptcy has decreasedStep by Step Solution
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