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Problem 25-8 Predicting Bankruptcy 25.6 Predicting Bankruptcy Express Trailers has a Working capital/Total assets ratio of 0.32, a Retained earnings/Total assets ratio of 0.15, an

Problem 25-8 Predicting Bankruptcy

25.6 Predicting Bankruptcy

Express Trailers has a Working capital/Total assets ratio of 0.32, a Retained earnings/Total assets ratio of 0.15, an Earnings before interest and taxes/Total assets ratio of 0.18, a Market value of equity/Book value of total liabilities ratio of 0.5, and a Sales/Total assets ratio of 0.85. Calculate the company's Z score. Round your answer to three decimal places.

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