Explain the elements of Altmans Z score as used in Practice Problem18. Current assets Current liabilities Non-equity
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Current assets Current liabilities Non-equity book liability BL $22,620 Mrket value of equity MVE $67,618 CA $14,520 Retained earnings RE $2,251 CL $9,376 EBIT EBIT $6,661 Total assets TA $40,518 Sales $70,395
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Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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