How many co-efficients are there in the Altman Z Score Model?
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 is H related to son of M?
If A is brother of B, C is brother of A, D is brother of E. E is mother of B and F is father of C, how is D related to F?
How O related to Y?
There are six persons, K, S, N, V, Y and W in a family. W is the paternal grandmother of K. N is the sister of Y. S is the father of N. K is the only so...
How many male members are there in the family?
There are nine members in three generations and three married couples in the family. There are only four male members in the family. K is son of N who i...
If ‘A % B’ means ‘A is the daughter of B’, ‘A & B’ means ‘A is the wife of B’, and ‘A # B’ means ‘A is the son of B’, then how i...
How is G related to H?
How is V related to W?
Which of the following statement is true regarding L?