Question

Which of the following financial ratios is explicitly used in the Altman Z-Score model to measure a firm's accumulated profitability over time?

A Net Profit Margin (Net Profit / Sales)
B Retained Earnings / Total Assets
C Return on Equity (Net Income / Shareholders' Equity)
D Current Ratio (Current Assets / Current Liabilities)
E Interest Coverage Ratio (EBIT / Interest Expense)
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