Question
The following data is for Company A Current assets: $150,000 Current liabilities: $60,000 Total assets: $300,000 Retained earnings: $80,000 Earnings before interest and taxes: $70,000
The following data is for Company A
Current assets: $150,000
Current liabilities: $60,000
Total assets: $300,000
Retained earnings: $80,000
Earnings before interest and taxes: $70,000
Market price per share: $20.00
Number of shares outstanding: 9,000
Book value of total debt: $30,000
Sales: $430,000
Compute the Z score for each company.
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The Handbook Of The Political Economy Of Financial Crises
Authors: Martin H. Wolfson, Gerald A. Epstein
1st Edition
0199757232, 978-0199757237
