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Required: Calculate the Z-score for the following firm's data and determine bankruptcy status for the upcoming year, assuming that it is a publicly traded manufacturing
Required: Calculate the Z-score for the following firm's data and determine bankruptcy status for the upcoming year, assuming that it is a publicly traded manufacturing firm. Income Stament Revenues Cost of goods sold Gross Profit Selling/General/Admin Expenses Research & Development Depreciation/Amortization Other expenses Total Operating Expense EBIT Interest expenses Taxes Net Income Altman Z-Score Example Balance Sheet 2015 2014 1,905,160 1,251,460 Cash & Equivalents 1,002,554 680,860 Accounts Receivable - Trade, Net 902,606 570,600 Total Receivables, Net 104,952 98,555 Total Inventory 64,676 58,265 Prepaid Expenses 45,200 49,8001 Other Current Assets, Total 19.482 18,620 Total Current Assets 1,236,864 906,100 Property/Plant/Equipment 668,296 345,360 Intangibles, Net 25,120 24,630 Total Assets 434,392 224,484 Accounts Payable 208,784 96,246 Accrued Expenses Notes Payable/Short Term Debt 51,202 72,000 Total Current Liabilities 1,463,200 1,292,500 Total Long Term Debt Deferred Income Tax Other Liabilities, Total Total Liabilities Additional Paid In Capital Retained Earnings Total Equity Total Liabilities & Shareholders' Equity 2015 108,236 152,450 260,686 215.540 133,645 86,647 696,518 0 459,815 1,156,333 225,456 161,020 258,840 645,316 152,957 275,210 82,850 1,156,333 452,670 541,670 1,100,000 2,256,333 2014 125,789 148,260 274,049 194,320 125,812 94.469 688,650 508,500 277,092 1.474,2421 256,320 119,117 241.213 616,650 258,742 409,330 189.520 1.474,2421 448,040 577,650 1,019,000 2.493.242 Working capital Market cap
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