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What is the Z score for ABC Company according to Altman's linear discriminant modelbased on the key financial ratios from last year's financial statements. (2

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What is the Z score for ABC Company according to Altman's linear discriminant modelbased on the key financial ratios from last year's financial statements.(2 marks)

1.Working Capital/Total Assets = X1= 0.3

2.Retained Earnings/Total Assets = X2= 1.5

3.Earnings Before Interest and Taxes/Total Assets = X3= -0.4

4.Market Value of Equity/BV of Total Liabilities = X4= 0.3

Sales/Total Assets = X5= 3.2

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Question 9 What is the Z score for ABC Company according to Altman's linear discriminant model based on the key Not yet financial ratios from last year's financial statements. (2 marks) answered Marked out of 1. Working Capital/Total Assets = X1 = 0.3 2.00 2. Retained Earnings/Total Assets = X2 = 1.5 P Flag question 3. Earnings Before Interest and Taxes/Total Assets = X3 = -0.4 4. Market Value of Equity/BV of Total Liabilities = X4 = 0.3 5. Sales/Total Assets = X5 = 3.2

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