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The Z-score formula for predicting bankruptcy was published in 1968 by Edward I Altman The original Z-score formula was as follows: Z = 1.2X1 + 1.4X2 + 3.3X3 + 0.6X4 + 1.0X5. X1 = working capital / total assets. Measures liquid assets in relation to the size of the company. X2 = retained earnings / total assets. Measures profitability that reflects the company's age and earning power. X3 = earnings before interest and taxes / total assets. Measures operating efficiency apart from tax and leveraging factors. It recognizes operating earnings as being important to long-term viability. X4 = market value of equity/book value of total liabilities. Adds market dimension that can show up security price fluctuation as a possible red flag. X5 = sales / total assets. The standard measure for total asset turnover (varies greatly from industry to industry).
Which of the following statements concerning forward rate agreements (FRAs) are true
………… of CGST Act, 2017 lists down the activities which shall be treated neither as supply of goods nor as supply of services.
From the above information, calculate the gross profit ratio.
…………. refers to a plan relating to a definite future period of time expressed in monetary or quantitative terms.
...What will be the amount after 2 years on a Principal “P” if compounding is done on a quarterly basis?
Which of the following is an unconventional monetary policy tool used by the Reserve Bank of India?