Question: In 1 9 6 8 , Edward Altman published a paper predicting bankruptcy using an analysis called Altman s Z . The basic terminology is

1968,

Edward Altman published a paper predicting bankruptcy using an analysis called Altman

s Z

.

The basic terminology is still used today more than

50

years later. The base of his analysis predicts whether certain common business ratios could be used to classify bankrupt firms as compared to a matched sample of firms.

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