The following data are for the A, B, and C Companies:

a. Compute the Z score for each company.

b. According to the Altman model, which of these firms is most likely to experience financial failure?

P 11-13 The following data are for the A, B, and Companies: Company B Variables Current assets Current liabilities Total assets Retained earnings Famings before interest and taxes Market price per share Number of shares outstanding Book value of total debt Sales $150,000 $ 60,000 $300,000 $ 80,000 $ 70,000 $ 20.00 9,000 $ 30,000 $430,000 $170,000 $ 50,000 $280,000 $ 90,000 $ 60,000 $18.75 9,000 $ 50,000 $400,000 $180,000 $ 30,000 $250,000 $ 60,000 $ 50,000 $ 16.50 9,000 $ 80,000 $200,000 Required a. Compute the Z score for each company. b. According to the Altman model, which of these firms is most likely to experience financial failure