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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 of the following is an annual exercise between Indian Army and Japanese Ground Self Defence Force?
AS the part of India’s presidency of SCO, the B2B Conference & Expo along with National Arogya Summit was held in?
Which summit saw Doon School Srinagar being honored with the “Award for Transformative Education Excellence”?
Kaikala Satyanarayana recently died . He was__?
Which body is responsible for the Ustad Bismillah Khan Yuva Puraskar, and what is its primary focus?
The Theme “Early warning and early action” was for which of the following day?
Which country contributed 50% of total Foreign Direct Investment (FDI) in India in Q2 FY2024-25?
Which of the following statements is/are incorrect?
I. The Digital Communication Commission (DCC) recently cleared the auction of 5G spectrum ...
Which ministry has launched ‘SVANidhi se Samriddhi’ program in additional 126 cities across 14 States/ UTs?
The MoU between ITI Ltd, C-DOT, and TCIL aims at establishing a framework for cooperation in which of the following aspects?