Which of the following are true when using Altmans Z score to predict the likelihood that a firm will go bankrupt?

A. The higher the ratio of working capital to assets, the greater the probability of bankruptcy

B. The lower the ratio of retained earnings to assets, the lower the probability of bankruptcy

C. The higher the ratio of EBIT to assets, the greater the probability of bankruptcy

D. The higher the ratio of market value of equity to book value of total liabilities, the greater the probability of bankruptcy

E. None of the above