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]
Which of the following is true about NHAI's plan to develop 10,000 km of 'Digital Highways' in India by 2025 ?
I . The project is aimed at provid...
Which of the following states has not shown a decline in the foreign direct investment in the current fiscal?
Which airport in India has been ranked the world ’ s 10th busiest?
What approval has Zomato Payments Private Limited (ZPPL) received from the Reserve Bank of India (RBI), and when does it come into effect?
CRISIL projected that consumer inflation or Consumer Price Index (CPI), is expected to moderate to ______ in next fiscal (FY24) from 6.8 per cent this f...
A new mobile application GS NIRNAY (National Initiative for Rural India to Navigate, InnovAte and Resolve PanchaYat) decisions has been developed to rec...
What is India’s rank in Henley Passport Index 2021 which was released by Henley & Partners?
Who has been selected to carry out the remaining three packages of Mongolia's first oil refinery project?
Transparency International released Corruption Perceptions Index (CPI) 2021. What is India’s rank in this?
What is the primary purpose of the Insurance Regulatory and Development Authority of India (IRDAI) approving the reduction of interest rates for revival...