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What is the z-score for the company

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Reference no: EM132964125

Z-zcore. Fair-to-Midland Manufacturing, Inc (FMM), has applied for a loan at Ture Credit Bank. Jon Fulkerson, the credit analyst at the bank, has gendered the following information from the company's financial statements:

Total assets $115,000

EBIT $7,900

Net working capital $4,100

Book value of equity $23,000

Accumulated retained earnings $19,600

Sales $112,000

Problem 1: The stock price of FMM is $31 per share and there are 7,800 shares outstanding. What is the Z-score for this company?

Reference no: EM132964125

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