I'm confused on this. please help? chp 8, #3 3 10.00 points Fair-to-Midland...
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I'm confused on this. please help?
chp 8, #3
3 10.00 points 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: Net working capital Book value of equity Accumulated retained earnings Sales $107,000 8,500 5,000 35,000 18,400 108,000 The stock price of FMM is $37 per share and there are 6,600 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.) Z-score References eBook & Resources Worksheet oncuity 2 Intermediate
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