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Compute and interpret the Altman Z-sc

Compute and interpret the Altman Z-sc

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Bankruptcy Risk and Z-Score Analysis Following are selected ratios for Logitech International SA for the company's 2019 fiscal year. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. in thousands (except price per share and shares outstanding) $1,350,436 EBIT $263,194 $509,651 Total liabilities $601,927 $1,979,709 165,862,887 Current assets Current liabilities Total assets Retained earnings Price per share $1,437,128 Sales revenue $1,365,036 Shares outstanding $39.34 Compute and interpret the Altman Z-score. Note: Convert shares outstanding to "in thousands" for your computation. Z-score Check 0
Transcribed Image Text:Bankruptcy Risk and Z-Score Analysis Following are selected ratios for Logitech International SA for the company's 2019 fiscal year. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. in thousands (except price per share and shares outstanding) $1,350,436 EBIT $263,194 $509,651 Total liabilities $601,927 $1,979,709 165,862,887 Current assets Current liabilities Total assets Retained earnings Price per share $1,437,128 Sales revenue $1,365,036 Shares outstanding $39.34 Compute and interpret the Altman Z-score. Note: Convert shares outstanding to "in thousands" for your computation. Z-score Check 0
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