Q What is the Z score for ABC Company according to Altmans linear discriminant model based on the key financial ratios from last years financial statements. (2 marks)

1. Working Capital/Total Assets = X₁ = 0.1
2. Retained Earnings/Total Assets = X₂ = 0.2
3. Earnings Before Interest and Taxes/Total Assets = X₃ = -0.9
4. Market Value of Equity/BV of Total Liabilities = X₄ = 0.7
5. Sales/Total Assets = X₅ = 3