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The Altman Z Score is used to predict the likelihood that a business will go bankrupt within the next two years. The formula is based on information found in the income statement and balance sheet of an organization. The Z score is based on the liquidity, profitability, solvency, sales activity, and leverage of the targeted business. Z Score is a useful metric for an outsider who has access to a company's financial statements. In its original form, the Z score formula is as follows: Z = 1.2A x 1.4B x 3.3C x 0.6D x 0.99E The letters in the formula designate the following measures: A = Working capital / Total assets [ Measures the relative amount of liquid assets] B = Retained earnings / Total assets [Determines cumulative profitability] C = Earnings before interest and taxes / Total assets [measures earnings away from the effects of taxes and leverage] D = Market value of equity / Book value of total liabilities [incorporates the effects of a decline in market value of a company's shares] E = Sales / Total assets [measures asset turnover]
Which one of the following statements with regard to superintendence of Delhi Special Police Establishment is correct?
As per the Competition Act there shall be an abuse of dominant position if an enterprise or a group _______________
How many witnesses will be required for the proof of any fact ____.
A super-imposed photograph of the deceased over the skeleton of a human body to prove that the skeleton was of the deceased is relevant under.
What is the full form of WTO?
Copies made from original by mechanical process are?
Where the committee of creditors resolves to replace the interim resolution professional, it shall ________________________
Under the provisions of The Protection of Women from Domestic Violence Act, 2005, which of the following statement regarding protection order, is wrong?
Who is known as the father of analytical (positive) school of jurisprudence?
The principle covered under S.115 of Indian Evidence Act is?