Question: Save Ans QUESTION 4 40 points Flash Inc. reports 2 million in net working capitals, 3 million in retained earnings, 10 million in EBIT. Total

 Save Ans QUESTION 4 40 points Flash Inc. reports 2 million

Save Ans QUESTION 4 40 points Flash Inc. reports 2 million in net working capitals, 3 million in retained earnings, 10 million in EBIT. Total liabilities are given as 24 million Currently shares are traded at 2 and there are 10 million shares outstanding. Total revenues is 30 million and total assets is given as 60 million 1. Predict the level of financial stress based on Altman's Z-scores. 1. An Altman's Z-score below 2 can signal about bankrptcy. What is your conclusions for Flash Inc

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