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Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: Total assets $ 66,000 EBIT 8,200 Net working capital 4,500 Book value of equity 21,000 Accumulated retained earnings 16,300 Total liabilities 60,000 What is the Z-score for this company?

Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: Total assets $ 66,000 EBIT 8,200 Net working capital 4,500 Book value of equity 21,000 Accumulated retained earnings 16,300 Total liabilities 60,000 What is the Z-score for this company?

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: Total assets $ 66,000 EBIT 8,200 Net working capital 4,500 Book value of equity 21,000 Accumulated retained earnings 16,300 Total liabilities 60,000 What is the Z-score for this company?
Transcribed Image Text:Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: Total assets $ 66,000 EBIT 8,200 Net working capital 4,500 Book value of equity 21,000 Accumulated retained earnings 16,300 Total liabilities 60,000 What is the Z-score for this company?
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