Question: Flash Inc. reports E2 million in net working capitals, 3 million in retained earnings, 10 million in EBIT. Total short-term debt and total lon-term dent

 Flash Inc. reports E2 million in net working capitals, 3 million

Flash Inc. reports E2 million in net working capitals, 3 million in retained earnings, 10 million in EBIT. Total short-term debt and total lon-term dent are liabilities are 7 million and 13 million respectively. Currently shares are traded at 2 and there are 10 million shares outstanding. Total revenues is 30 million and total assets is given as 20 million 1. Predict the level of financial stress based on Altman's Z-scores, il. An Altman's Z-score below 2 can signal about bankruptcy. What is your conclusions for Flash Inc

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