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You have the following ratios for a firm you're analyzing: Working capital / total assets = 0.7 Retained earnings / total assets = 0.3 EBIT
You have the following ratios for a firm you're analyzing:
- Working capital / total assets = 0.7
- Retained earnings / total assets = 0.3
- EBIT / total assets = 0.2
- market value of equity / book value of LT debt = 1.3
- sales / total assets = 0.4
Calculate the firm's Z-score. Enter your answer rounded to 2 decimals. For example, if your answer is 3.45678, just enter 3.46
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