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Consider the following data of a prospective borrower. Applying Altman’s Z ...
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Consider the following data of a prospective borrower.
Current Assets | 490,300 |
Fixed Assets | 4,006,000 |
Total Assets | 4,496,300 |
Current Liabilities | 187,300 |
Long-term Labilities | 3,000,100 |
Liabilities | 3,187,400 |
Book value of Equity | 1,308,900 |
Working Capital | 500,000 |
Sales | 8,000,000 |
EBIT | 500,000 |
Retained Earnings | 65,000 |
Number of shares | 100,000 |
Price per share | 25 |
Applying Altman’s Z score. What is this company’s Z score (round to two decimals)?
100%
0%
0%
0%
0%