The following ratios were supplied by six Indonesian firms seeking a bank loan. Given this information and

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The following ratios were supplied by six Indonesian firms seeking a bank loan. Given this information and credit-scoring model developed by Altman (equation [17-2] ), which loans have a high probability of defaulting next year?

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Foundations Of Finance

ISBN: 9781292318738

10th Global Edition

Authors: Arthur Keown, John Martin, J. Petty

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Question Posted: Apr 17, 2024 01:00 AM

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The following ratios were supplied by six Indonesian firms seeking a bank loan. Given this information and

Question:

Z = 3.3 EBIT total assets +1.0 sales +0.06 total assets +1.4 retained earnings total assets +1.2 working capital market value of equity book value of debt total assets (17-2)

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Foundations Of Finance

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