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Please show work. 3.Jet Jet Aviaition, Inc. (JJAI) has applied for a loan from Vector Bank. The credit analyst at the bank has reviewed JJAI
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3.Jet Jet Aviaition, Inc. (JJAI) has applied for a loan from Vector Bank. The credit analyst at the bank has reviewed JJAI and the following information from the firm's financial statements. Total Assets $75,000 $6.900 EBIT $3,000 Networking Capital Book value to equity Accumulated Retained Earnings $19.000 $ 16,000 Sales $92.000 Answer the following: The Stock price of JJAl is $21 per share and there are 5,000 shares outstanding. What is the Z-score for this company? What does the calculated 2-score tell you about the firmStep by Step Solution
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