Start learning 50% faster. Sign in now
The Z-score formula for predicting bankruptcy was published in 1968 by Edward I Altman The original Z-score formula was as follows: Z = 1.2X1 + 1.4X2 + 3.3X3 + 0.6X4 + 1.0X5. X1 = working capital / total assets. Measures liquid assets in relation to the size of the company. X2 = retained earnings / total assets. Measures profitability that reflects the company's age and earning power. X3 = earnings before interest and taxes / total assets. Measures operating efficiency apart from tax and leveraging factors. It recognizes operating earnings as being important to long-term viability. X4 = market value of equity/book value of total liabilities. Adds market dimension that can show up security price fluctuation as a possible red flag. X5 = sales / total assets. The standard measure for total asset turnover (varies greatly from industry to industry).
How many factors does the number 6718464 have?
A circular field, which covers an area of 1386 square meters, is planned to be enclosed by a compound wall that rises to a height of 3 meters. The wall ...
A cylindrical tank has an internal radius of 14 meters and a height of 10 meters. The tank is filled with water to 75% of its capacity. Water is then tr...
A right circular cone has a height of 24 cm and a base radius of 9 cm. What is the total surface area of the cone, including the base?
A race track is in the shape of a rectangle with length of 25 metres and area of 4500 m2. A car takes 10 seconds to make one lap around the p...
The lateral surface area of a cube is 484 cm2 . The length of a cuboid is 10% more than the side of the cube. The breadth of the cuboid is 9 ...
The lateral surface area of a cube is 144 cm2 . The length of a cuboid is 25% more than the side of the cube. The breadth of the cuboid is 5 ...
The radius of a circle is equal to the radius of base of a cone. If the diameter of the circle is 35 cm and the height of cone is 18 cm, then find the v...
A conical tent of height 5m and base diameter 24m was erected by a company in a park. Find the curved surface area of the tent (in m²).