Bankruptcy Risk and Z-Score Analysis Following are selected ratios for American Airways fo Ratio 2006 2005 Current ratio 0.725 0.740 (0.098) (0.089) Working capital to total assets (0.178) (0.183) Retained earnings to total assets 0.017 EBIT to total assets 0.060 Market value of equity to total liabilities 0.158 0.254 0.866 0.784 Sales to total assets

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute and interpret altman z-score do not round up until final answer, then round you final answer two decimal places 

Bankruptcy Risk and Z-Score Analysis
Following are selected ratios for American Airways fo
Ratio
2006
2005
Current ratio
0.725
0.740
(0.098) (0.089)
Working capital to total assets
(0.178) (0.183)
Retained earnings to total assets
0.017
EBIT to total assets
0.060
Market value of equity to total liabilities
0.158
0.254
0.866
0.784
Sales to total assets
Transcribed Image Text:Bankruptcy Risk and Z-Score Analysis Following are selected ratios for American Airways fo Ratio 2006 2005 Current ratio 0.725 0.740 (0.098) (0.089) Working capital to total assets (0.178) (0.183) Retained earnings to total assets 0.017 EBIT to total assets 0.060 Market value of equity to total liabilities 0.158 0.254 0.866 0.784 Sales to total assets
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