Compute the Z score for FAST Motor Company given the following information for year-end 2012: What proportion
Question:
Compute the Z score for FAST Motor Company given the following information for year-end 2012:
What proportion (measured as a percentage) of the Z score is composed of 0.60(X4)? Is FAST likely to go bankrupt in the near future?
Transcribed Image Text:
FAST Financial Information (year-end 2012) Current assets Current liabilities Retained eamings Total assets Total liabilities Shares outstanding Share price Sales EBIT All values in thousands except share price and shares outstanding 34,124,000 49178,000 -$16,145,000 218,328,000 235,639.000 2.412,000,000 2.29 $ 146277000 $13,812,000
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1234124000 49178000 163429000 1416145000 163429000 3313812000 163429000 06229241200000...View the full answer
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Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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