Find and interpret altman z-scores for the company

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Compute and Interpret Altman's Z-scores

Following is selected financial information for eBay Inc., for its fiscal years 2013 and 2012.

(In millions, except per share data)                   2013                  2012

Current assets                                              $ 23,283            $ 21,398

Current liabilities                                         12,639                      10,924

Total assets                                               41,4883                     7,074

Total liabilities                                         17,841                           16,209

Shares outstanding                                1,294                              1,286

Retained earnings                                18,854                                  15,998

Stock price per share                          54.87                                      51.00

Sales                                            16,047                                     14,072

Earnings before interest and taxes    3,371                                            2,888

Problem 1: Compute and interpret Altman Z-scores for the company for both years. (Do not round until your final answer; then round your answers to two decimal places.)

Reference no: EM132680145

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