Login

Bankruptcy Risk and Z-Score Analysis Following are selected ratios for Tesla for two...

70.2K

Verified Solution

Question

Accounting

Bankruptcy Risk and $Z -$ Score Analysis

Following are selected ratios for Tesla for two recent fiscal years.

Note: Complete the entire question $i n$ Excel and format each answer $t o$ two decimal places. Then enter the answers into the provided spaces below with two decimal places.

Ratio $2018 2017$

Current ratio $1.135 0.831$

Working capital $t o$ total assets $0.942 0.8430$

Retained earnings $t o$ total assets $(0.177) (0.1788)$

EBIT $t o$ total assets $(0.002) (0.0549)$

EBITDA $t o$ total assets $0.061 0.0527$

Market value $o f$ equity $t o$ total liabilities $3.790 3.1830$

Sales $t o$ total assets $1.616 1.2950$

Compute and interpret Altman $Z -$ scores for the company for both years.

Answer & Explanation Solved by verified expert

answer-section

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Other questions asked by students

1 Answer

$0.99

~~$1.99~~

(Save $1 )

One time Pay

No Ads
Answer to 1 Question
Get free Zin AI - 50 Thousand Words per Month

Best

Unlimited

$4.99*

~~$9.99~~

(Save $5 )

Billed Monthly

No Ads
Answers to Unlimited Questions
Get free Zin AI - 3 Million Words per Month

*First month only

Free

$0

Get this answer for free!
Sign up now to unlock the answer instantly

You can see the logs in the Dashboard.

Sign In

Don't have an account? Sign Up