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Problem 10-10 [LO 10-9]

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Following the instructions of Lab 3 performed in the chapter text, analyze the chance of bankruptcy for manufacturing firms included in the Lab 3 Alt Data.xlsx dataset.

Problem 10-10 Part 3

Required:

3. Classify each company as either in the distress zone, gray zone, or safe zone for bankruptcy using Altmans classifications through use of a histogram.