Using Altman's Z-score model what can you say about the following company.

Working capital / total assets: 2.2%

Retained earnings / total assets: 45%

EBIT / total assets: 18.6%

MV Equity/ BV Equity: 2.5

Sales / total assets: .24

A: This company's likelihood of solvency is unclear, it is in the grey area

B: With a Z-score of 3.01 this company is not likely to remain solvent

C: With a Z-score of 1.23, this company is not likely to remain solvent

D: With a Z-score of 3.01, this company s likely to remain solvent

E: With a Z-score of 1.23, this company is likely to remain solvent