Question: Items Total Asset Working Capital Operating Income (EBIT) Total Debts Retained Earning Sales Market Value of Shares Capital (in million rupiah) Amount 100.000 11.000
Items Total Asset Working Capital Operating Income (EBIT) Total Debts Retained Earning Sales Market Value of Shares Capital (in million rupiah) Amount 100.000 11.000 15.000 190.000 50.000 140.000 60.000 Calculate the Altman Z-Score in predicting the potential bankruptcy of that firm. And give the explanation for calculation result.
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