Question: QUESTION 4 40 points Save Answer Flash Inc reports E2 million in net working capitals. 3 million in retained earnings, E10 million in EBIT. Total
QUESTION 4 40 points Save Answer Flash Inc reports E2 million in net working capitals. 3 million in retained earnings, E10 million in EBIT. Total short-term debt and total lon-term dent are liabilities are E7 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 L.Predict the level of financial stress based on Altman's Z-scores. I. An Altman's Z-score below 2 can signal about bankruptcy. What is your conclusions for Flash inc? For the toolbar, press ALT F10 (PC) or ALT FN+F10 (Mac). B TV S Paragraph Arial
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