Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: |
Total assets | $65,000 |
EBIT | 8,100 |
Net working capital | 4,400 |
Book value of equity | 20,000 |
Accumulated retained earnings | 16,200 |
Total liabilities | 59,000 |
What is the Z-score for this company? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) |
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Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from...
Jon Fulkerson, a credit analyst at the True Credit bank, has received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: Total assets $72,000 EBIT 8,800 Net working capital 5,100 Book value of equity 27,000 Accumulated retained earnings 16,900 Total liabilities 66,000 What is the Z-score for this company? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
Paul Martin Walker, the credit analyst at the Washington Mutual bank received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: Total assets EBIT Net working capital Book value of equity Accumulated retained earnings Sales Total liabilities $63,000 $7,900 $4,200 $18,000 $16,000 $92,000 $57,000 What is the Z-score for this company? Select one: A. 3.519 B. there is not enough information to calculate Seether’s Z-score C....
Fair-to-Midland Manufacturing, Inc. (FMM), has applied for a loan at True Credit Bank. Jon Fulkerson, the credit analyst at the bank, has gathered the following information from the company’s financial statements: Total assets $103,000 EBIT 8,300 Net working capital 4,800 Book value of equity 33,000 Accumulated retained earnings 18,200 Sales 106,000 The stock price of FMM is $35 per share and there are 6,400 shares outstanding. What is the Z-score for this company? (Do not round intermediate calculations...
Fair-to-Midland Manufacturing, Inc. (FMM), has applied for a loan at True Credit Bank. Jon Fulkerson, the credit analyst at the bank, has gathered the following information from the company’s financial statements: Total assets $89,000 EBIT 7,600 Net working capital 4,100 Book value of equity 26,000 Accumulated retained earnings 17,500 Sales 99,000 The stock price of FMM is $28 per share and there are 5,700 shares outstanding. What is the Z-score for this company?
Fair-to-Midland Manufacturing, Inc. (FMM), has applied for a loan at True Credit Bank. Jon Fulkerson, the credit analyst at the bank, has gathered the following information from the company’s financial statements: Total assets$115,000 EBIT7,900 Net working capital4,100 Book value of equity23,000 Accumulated retained earnings19,600 Sales112,000 The stock price of FMM is $31 per share and there are 7,800 shares outstanding. What is the Z-score for this company? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
Henrietta’s Pine Bakery Background You are an Analyst for the professional service firm, FINACC LLP. Your firm specializes in providing a wide variety of internal business solutions for different clients. Given the outstanding feedback you received on your first engagement working for Big Spenders Inc., a Senior Manager in the Financial Advisory group requested your support on a compilation engagement. Additional Information Henrietta’s was established in 1963 when it first opened its doors in Dwight, Muskoka on highway 60. Over...
1) 1) Goods in transit are automatically included in inventory regardless of whether title has passed to the buyer. A) True B) False 2) 2) An advantage of FIFO is that it assigns the most recent costs to cost of goods sold, and does a better job of matching current costs with revenues on the income statement. A) True B) False 3) 3) Errors in the period-end inventory balance only affect the current period's records and financial statements. A) True...