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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).
Which country has agreed to import 500,000 tonnes of wheat from India?
The Prime Minister launched the Website and Mobile App “Samaveshi Vikaas” in the event organized to celebrate National Panchayati Raj Day in ______....
Under the “Economic Assistance Scheme”, India delivered almost 50 buses to which of these countries on its 75th Independence Day?
Prime Minister Shri Narendra Modi address the ____ Indian Science Congress (ISC) on 3rd January, 2023 at 10:30 AM via video conferencing.
Which award did ProPublica win in the 2024 Pulitzer Prizes for Journalism?
Almost 98% of Earth's crust is made up of eight elements. Which of the following does NOT figure among these elements?
Which scientific satellite did ISRO launch successfully on January 1, 2024, and what is its primary purpose?
CHIRU-2022 is a joint NAVAL exercise recently took place between?
Who has been named as the brand ambassador of Bandhan Bank in March 2025?
According to the data provided by the Reserve Bank of India, bank credit rose by 15 per cent year-on-year (YoY) in 2022-23 (FY23).What was the absolute ...
