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Using the Income Statement and Balance Sheet below, calculate the Altman's Z-Score for this Financial Institution. Consolidated Income Statement Revenues Cost of Goods Sold Gross
Using the Income Statement and Balance Sheet below, calculate the Altman's Z-Score for this Financial Institution. Consolidated Income Statement Revenues Cost of Goods Sold Gross Profit Selling& Administrative Research and Development Depreciation Operating Income Other Income Eamings Before Income and Taxes Interest Expense Pretax Income Provision for Taxes Net Income 36,043 14,250 21,793 (8,750) (4,221) (1,375) 7,447 Consolidated Balance Sheet Cash and Equivalents Short-Term Marketable Securities Accounts Receivable 11,261 14,359 5,510 10,548 24,768 28,391 3,346 98,183 Accounts Payable Short Term Debt Long-Term Debt 12,015 11,707 26,670 1,523Inventories 8,970 Long-Term Securities (409) Property, Plant, and Equipment 8,561 Other Fixed Assets 1,798 Total Assets Paid In Capital Retained Earnings 36,281 11,510 Total Liab Equity 98,183 10,359 Shares Outstanding Price (Year-End) 5,500 11.75
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