Question: Question 17 Mr. Ray makes two statements regarding Altman Z score, determine whether the statements are correct or incorrect Statement 1: Altman 2 score uses

Question 17 Mr. Ray makes two statements regarding Altman Z score, determine whether the statements are correct or incorrect Statement 1: "Altman 2 score uses six ratios to predict the bankruptcy Statement 2: "Higher the Altman Z score higher the chances of bankruptcy. Statement 2 is correct and statement 1 is incorrect. Both statements are correct. Both statements are incorrect. Statement 1 is correct and statement 2 is incorrect. Anca

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