See attached question. Please calculateAltman Z-scores for 2011 and 2012.

Refer to the nancial statements for Lockheed Martin Corporation in P4-30 to answer the requirements. As of December 31, 2012 and 2011, there were approximately 322,583,334 and 325,105,500 shares outstanding. The company's stock closed at $92.29 on December 31, 2012, and at $80.90 on December 31, 2011. Consolidated Statements of Earnings Year Ended December 31 (In millions) 2012 2011 Net sales Products 2010 $ 37,817 $ 36,925 $ 36,380 9,365 9,574 9,291 47,182 46,499 45,671 Products (33,495) (32,968) (32,539) Services (8,383) (8,514) (8,382) (48) (136) (220) (1,060) (1,137) (686) (42,986) (42,755) (41,827) 4,196 3,744 3,844 238 276 261 Operating prot 4,434 4,020 4,105 Interest expense (383) (354) (345) 21 (35) 18 4,072 3,631 3,778 (1,327) (964) (1,164) 2,745 2,667 2,614 -- (12) 264 $ 2,745 $ 2,655 $ 2,878 Services Total net sales Cost of sales Severance and other charges Other unallocated costs Total cost of sales Gross Prot Other income, net Other non-operating income (expense), net Earnings before taxes Income tax expense Net earnings from continuing operations Net (loss) earnings from discontinued operations Net earnings Consolidated Balance Sheets December 31 (in millions, except par value) 2012 2011 Assets Current Assets $ 1,898 $ 3,582 Receivables, net 6,563 6,064 Inventories, net 2,937 2,481 Deferred income taxes 1,269 1,339 Other current assets 1,188 628 Total current assets 13,855 14,094 4,675 4,611 10,370 10,148 Deferred income taxes 4,809 4,388 Other noncurrent assets 4,948 4,667 Cash and cash equivalents Property, plant and equipment, net Goodwill Total assets $ 38,657 $ 37,908 Consolidated Balance Sheets December 31 (in millions, except par value) 2012 2011 Liabilities and stockholders' equity Current Liabilities $ 2,038 $ 2,269 Customer advances and amounts in excess of costs incurred 6,503 6,399 Salaries, benets and payroll taxes 1,649 1,664 150 -- Other current liabilities 1,815 1,798 Total current liabilities 12,155 12,130 6,158 6,460 15,278 13,502 Other post-retirement benet liabilities 1,220 1,274 Other noncurrent liabilities 3,807 3,541 38,618 36,907 321 321 -- -- 13,211 11,937 (13,493) (11,257) 39 1,001 Accounts payable Current maturities of long-term debt Long-term debt Accrued pension liabilities Total Liabilities Stockholders' equity Common stock, $1 par value per share Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total stockholders' equity Total liabilities and stockholders' equity $ 38,657 $ 37,908 Consolidated Statement of Cash Flows Year Ended December 31 (in millions) Operating Activities Net earnings Adjustments to reconcile net earnings to net cash provided by operating activities: 2012 2011 2010 $ 2,745 $ 2,655 $ 2,878 Depreciation and amortization 988 1,008 480 Stock-based compensation 167 157 129 Deferred income taxes 930 (2) 467 Severance and other charges 48 136 Reduction in tax expense from resolution of certain tax matter -- (89) (258) Tax expense related to Medicare Part D reimbursement -- -- (94) Net adjustments related to discontinued operations -- (16) 330 Receivables, net (460) (363) 3 Inventories, net (422) (74) (207) Accounts payable (236) 609 (364) 57 502 706 Changes in operating assets and liabilities: Customer advances and amounts in excess of costs incurred Post-retirement benet plans (1,883) (393) (1,027) Consolidated Statement of Cash Flows Year Ended December 31 (in millions) Income taxes 2012 2011 2010 (535) 304 70 162 (181) 21 1,561 4,253 3,801 Investing Activities Capital expenditures (942) (987) (1,074) Acquisition of business/investments in aliated (304) (649) (148) Net proceeds from sale of EIG -- -- 798 Net cash provided by (used for) short-term investment transactions -- 510 (171) 24 313 22 (1,222) (813) (573) (990) (2,465) (2,420) 440 116 59 (1,352) (1,095) (969) (225) -- -- Issuance of long-term debt, net of related costs -- 1,980 -- Repayments of long-term debt -- (632) -- (104) (23) (28) Net cash used for nancing activities (2,023) (2,119) (3,358) Net change in cash and cash equivalents (1,684) 1,321 (130) 3,582 2,261 2,391 Other, net Net cash provided by operating activities Other,net Net cash used for investing activities Financing Activities Repurchases of common stock Proceeds from stock option exercises Dividends paid Premium paid on debt exchange Other, net Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year $ 1,898 $ 3,582 $ 2,261 (a) Compute and compare the Altman Z-scores for both years. (Do not round until your nal answer; then round your answers to two decimal places.)