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Woody Inc., a publicly traded manufacturing firm, has provided the following financial information in its application for a loan. Assets $ Liabilities and equity $

Woody Inc., a publicly traded manufacturing firm, has provided the following financial information in its application for a loan.
Assets $ Liabilities and equity $
Cash 50 Accounts payable 30
Accounts receivables 130 Notes payable 90
Inventory 140 Accruals 110
Long-term debt 140
Plant and equipment 650 Equity 600
Total assets 970 Total liabilities and equity 970
Also assume sales = $600, cost of goods sold = $350, taxes = $56, interest payments = $40; the dividend payout ratio is 15 per cent and the market value of equity is equal to the book value.
What is the Altman discriminant function value for Woody Inc.?

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