Question: Using the discriminant analysis techniques to predict the bankruptcy, answer the following credit worthiness questions regarding Honda and Toyota. The informations for both corporations
Using the discriminant analysis techniques to predict the bankruptcy, answer the following credit worthiness questions regarding Honda and Toyota. The informations for both corporations are shown as follows. Current assets Honda (in million \) 7,877 Toyota (in million \) 9,726 Total assets 13,535 13,670 Current liabilities 7,519 6,778 Shareholders' equity 4,694 5,622 Book value of shareholder's 8,788 9,835 equity Net Revenue 6,168 6,888 Retained earnings 1,364 839 Earnings before interest and 1,731 3,194 taxes Market price per share 0.20 0.40 b. What is the book value of debt for Honda and Toyota?
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