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That is the complete question. Compute and Interpret Altman's Z-scores Following is selected financial information for Netflix, for 2018 and 2017. $ thousands, except per
That is the complete question.
Compute and Interpret Altman's Z-scores Following is selected financial information for Netflix, for 2018 and 2017. $ thousands, except per share data 2018 2017 Current assets $9,694,135 $7,669,974 Current liabilities 6,487,320 5,466,312 Total assets 25,974,400 19,012,742 Total liabilities 20,735,635 15,430,786 Shares outstanding 436,598,597 433,392,686 Retained earnings 2,942,359 1,731,117 Stock price per share 267.66 191.96 Sales 15,794,341 11,692,713 Earnings before interest and taxes 1,605,226 838,679 Compute and interpret Altman Z-scores for the company for both years. (Do not round until your final answer; then round your answers to two decimal places.) 2018 Z-score = 2017 z-score = Which of the following best describes the company's likelihood to go bankrupt given the z-score in 2017 compared to 2018. OThe Z-score in 2018 increased. Z-scores for both years are in the gray area indicating some risk of bankruptcy. OThe Z-score in 2018 increased, which suggests the company's risk of bankruptcy has increased. The 7-score in 2018 increased 7.scores for both vears indicate low bankruntry Which of the following best describes the company's likelihood to go bankrupt given the Z-score in 2017 compared to 2018. OThe Z-score in 2018 increased. Z-scores for both years are in the gray area indicating some risk of bankruptcy. OThe Z-score in 2018 increased, which suggests the company's risk of bankruptcy has increased. The Z-score in 2018 increased. Z-scores for both years indicate low bankruptcy potential in the short term. OThe z-score in 2018 decreased, which suggests the company's risk of bankruptcy has decreased. Check Step by Step Solution
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