| Truthful-to-Midland Manufacturing, Inc., (FMM) has utilized for a mortgage at True Credit score Financial institution. Jon Fulkerson, the credit score analyst on the financial institution, has gathered the next data from the corporate’s monetary statements: |
| Complete property | $83,000 |
| EBIT | 7,300 |
| Internet working capital | three,800 |
| E-book worth of fairness | 23,000 |
| Amassed retained earnings | 17,200 |
| Gross sales | 96,000 |
| The inventory value of FMM is $25 per share and there are 5,400 shares excellent. What’s the Z-score for this firm? (Don’t spherical intermediate calculations and spherical your reply to three decimal locations, e.g., 32.161.) |
| Z-score |
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