Jon Fulkerson a credit analyst at the True Credit bank, has received a credit application from Seether LLC, a private company. An abbreviation portion of the financial information provided by the company is shown below: Total Assets:$78000  EBIT:$8600 Net Working Capital:$3900 Book value of total equity:$23000  Accumulated retained earnings:$15000 Total Liabilities:$5500 What is the z-score for this company? 2. Which is the following statement about firms will have the most control over the selling price of its produce? A.Customized wine producer B. A low-end mobile phone producer C.A small-scale petrol station outlet D.A retail outlet E. A grape grower

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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  1. Jon Fulkerson a credit analyst at the True Credit bank, has received a credit application from Seether LLC, a private company. An abbreviation portion of the financial information provided by the company is shown below:

Total Assets:$78000  EBIT:$8600 Net Working Capital:$3900

Book value of total equity:$23000  Accumulated retained earnings:$15000

Total Liabilities:$5500

What is the z-score for this company?

2. Which is the following statement about firms will have the most control over the selling price of its produce?

A.Customized wine producer B. A low-end mobile phone producer

C.A small-scale petrol station outlet D.A retail outlet E. A grape grower

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