All of the following are factors used by Altman's Z in predicting bankruptcy except:
A) Working capital/Total assets
B) Market value of stockholders' equity/Book value of total debt owed
C) Retained Earnings/Total assets
D) Income/Total equity

Question

Quizplus · Accepted Answer

Altman's Z-score model uses the following ratios: Working capital/Total assets, Retained Earnings/Total assets, Earnings before interest and taxes/Total assets, Market value of stockholders' equity/Book value of total debt owed, and Sales/Total assets. Income/Total equity is not part of the model.

All of the Following Are Factors Used by Altman's Z