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Suppose a firm has an Altman Z score of 1.08 and the following financial characteristics: working capital to total assets ratio of -0.18, retianed earnings
Suppose a firm has an Altman Z score of 1.08 and the following financial characteristics: working capital to total assets ratio of -0.18, retianed earnings to total assets ratio of 0.22, market value of equity to book value of liablitites ratio of 0.94 and sales total assets ratio of 0.31. What must be the EBIT to total assets ratio
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