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proper step by step answer The financials of a company is given below. Using Altman's Z score comment on the solvency of the company. Equities

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The financials of a company is given below. Using Altman's Z score comment on the solvency of the company. Equities and Liabilities Rs/Crs Share Capital 300 Reserve and Surplus 1200 Non-Current Liabilities 800 Current Liabilities 500 Total 2800 Assets Non Current Assets 2100 Current Assets 700 Total 2800 Statement of Profit and LOSS Revenue 3500 Expenses 2100 EBIT 1400 No of equity Shares 60 Market price per share (Rs) 17

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