Which among the following is a numerical measurement that is used to predict the chances of a business going bankrupt in the next two years.
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]
In the question, a small paragraph is given with four highlighted words. You have to identify the highlighted word is correct used on its position or n...
Using or containing more words than are needed
A person who takes a position of power or importance illegally or by force
A) Authentic B) Credible C) Fastidious D) Spurious
He reels (A) off a series of allegation (B) , most of which have either been positively discredited (C) or remain wholly unsubstantiated (D) .
Exhort
REVELRY
Something that can not be corrected.
Very strange or unusual
A) Annihilate B) Convention C) Rout D) Exuberant
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