Compute and interpret the altman z-score

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Bankruptcy Risk and Z-Score Analysis Following are selected ratios for Logitech International SA for the company's 2019 fiscal year.

$ thousands (except per share numbers)

Current assets $1,485,480

EBIT$289,513

Current liabilities $789,601

Total liabilities$932,564

Total assets$2,226,536

Sales revenue$3,067,154

Retained earnings$1,501,540

Shares outstanding165,862,887

Price per share$39.34

Problem 1: Compute and interpret the Altman Z-score.

Reference no: EM132675398

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