Company ABC has the following information. Please calculate the Z-core for 2021 and 2022 and provide a comment on its performance. Variables 2022 2021 X1(net working capital /total asset) 0.56 0.175 X2(retained earnings/total asset) -0.12 0.08 X3(EBIT/total assets) 0.56 0.69 X4(market value of equity/book value of total liability) 1.2 0.96 X5(sales/total asset) 0.78 0.63 Z-score (1.2X1+1.4X2+3.3X3+0.6X4+1X5) 3.852 3.805
Company ABC has the following information. Please calculate the Z-core for 2021 and 2022 and provide a comment on its performance. Variables 2022 2021 X1(net working capital /total asset) 0.56 0.175 X2(retained earnings/total asset) -0.12 0.08 X3(EBIT/total assets) 0.56 0.69 X4(market value of equity/book value of total liability) 1.2 0.96 X5(sales/total asset) 0.78 0.63 Z-score (1.2X1+1.4X2+3.3X3+0.6X4+1X5) 3.852 3.805
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Company ABC has the following information. Please calculate the Z-core for 2021 and 2022 and provide a comment on its performance.
Variables |
2022 |
2021 |
X1(net working capital /total asset) |
0.56 |
0.175 |
X2(retained earnings/total asset) |
-0.12 |
0.08 |
X3(EBIT/total assets) |
0.56 |
0.69 |
X4(market value of equity/book value of total liability) |
1.2 |
0.96 |
X5(sales/total asset) |
0.78 |
0.63 |
Z-score (1.2X1+1.4X2+3.3X3+0.6X4+1X5) |
3.852 |
3.805 |
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