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QUESTIONFOUR You have been provided with the following summarised accounts of Goken Traings Led For the yearended 31 March 2023: 1. Calculate the Altman Z-score

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QUESTIONFOUR You have been provided with the following summarised accounts of Goken Traings Led For the yearended 31 March 2023: 1. Calculate the Altman Z-score for Golden Tidings Ltd, (5 marka) i. Based on the results above, comment on the fitrine of Golden Tidings Ltd (2maks) iii. Evaluate the suitability of the Alrman Z-score as modelof predicting bankruptcy of a company. (3 marks) (rotak 10 maris) QUESTIONFOUR You have been provided with the following summarised accounts of Goken Traings Led For the yearended 31 March 2023: 1. Calculate the Altman Z-score for Golden Tidings Ltd, (5 marka) i. Based on the results above, comment on the fitrine of Golden Tidings Ltd (2maks) iii. Evaluate the suitability of the Alrman Z-score as modelof predicting bankruptcy of a company. (3 marks) (rotak 10 maris)

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