Southwestern Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States. Its stock trades at $32.50 per share over the NYSE. As of December 31, 2019, the company operated 694 aircraft, including 606 Boeing 737 aircraft and 88 Boeing 717 aircraft. It served 97 destinations in 41 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 6 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, and Bermuda. Below is financial data relating to Southwestern Airlines.

Current Assets: 480 million.

Current Liabilities: $ 200 million.

Total assets: $ 800 million.

Retained earnings: $ 215 million.

EBIT: $ 130 million.

Total liabilities: $ 320 million.

Revenues/Sales: $ 950 million.

Book value of equity: $ 340 million.

Market value of equity: $1.50 billion

Required:

i. Based on the data above, compute the Z-score for Southwestern Airlines.

ii. Discuss the likelihood of failure for the Company using the appropriate health zone.