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Northeast Central Bell manufactures land-line phones and has been in business for over a century. In recent years their business has been declining as most
Northeast Central Bell manufactures land-line phones and has been in business for over a century. In recent years their business has been declining as most businesses and consumers have transitioned to mobile phones. You are analyzing their default risk and you have the following components needed to build the Altman Z-Score (in millions): Liquidity = 1.26, Solvency = 0.96, Short term profitability = 0.20, Long term profitability = 0.63, Sales = $3,867,431, Total assets = $4,487,001. What is the Altman Z-Score for Northeast Central Bell (Show 3 decimal places)?
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