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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 Accounts payable
Accounts receivables Notes payable
Inventory Accruals
Longterm debt
Plant and equipment Equity
Total assets Total liabilities and equity
Also assume sales $ cost of goods sold $ taxes $ interest payments $; the dividend payout ratio is 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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