Gizmo Co.has the following financial measures: working capital to total assets ratio of 0.05,retained earnings to total assets ratio of 0.10,EBIT to total assets ratio of 0.3,market value of equity to book value of equity ratio of 1.1,and sales to total assets ratio of 0.4.What is Gizmo's Z-score?
A) 2.40
B) 2.35
C) 2.30
D) 2.25
Correct Answer:
Verified
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