Question: 1. According to the text, Apple Computer was in the __________ zone in 1997, or at risk of bankruptcy. gray distress green safe 2. According

1. According to the text, Apple Computer was in the __________ zone in 1997, or at risk of bankruptcy.

  • gray

  • distress

  • green

  • safe

2. According to Altman, while those firms in the __________ zone are at risk of bankruptcy, they are not at significant risk of bankruptcy.

  • green

  • gray

  • distress

  • safe

3. If a company has an Altman Z-score of 3.1, the company would be classified in the __________.

  • safe zone, not currently at risk of bankruptcy

  • green zone, no risk of bankruptcy

  • gray zone, or at risk of bankruptcy

  • distress zone, or at significant risk of bankruptcy

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