Question: Here is some data from CV. DEF during an accounting period. Items Amount Total Asset Working Capital Operating Income (EBIT) Total Debts Retained Earning Sales

Here is some data from CV. DEF during an accounting period.

Items

Amount

Total Asset

Working Capital

Operating Income (EBIT)

Total Debts

Retained Earning

Sales

Market Value of Shares Capital

90.000

10.000

13.000

140.000

36.000

99.000

40.000

Calculate the Altman Z-Score in predicting the potential bankruptcy of that firm. And give the explanation of that calculation result.

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