Bankruptcy Risk and Z-Score Analysis Following are selected ratios for Logitech International SA for the company's 2019 fiscal year. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. in thousands (except price per share and shares outstanding) $1,350,436 EBIT $488,117 Total abilities Current assets Current liabilities Total assets Retained earnings Price per share $1,376,404 Sales revenue $1.365,036 Shares outstanding $39.34 $263,194 $576,494 $1,896,059 165,862,887 Compute and interpret the Altman Z-score. Note: Convert shares outstanding to "in thousands for your computation. Z-score

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
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Bankruptcy Risk and Z-Score Analysis
Following are selected ratios for Logitech International SA for the company's 2019 fiscal year.
Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two
decimal places.
in thousands (except price per share and shares outstanding)
$1,350,436 EBIT
$488,117 Total liabilities i
Current assets
Current liabilities
Total assets
$263,194
$576,494
$1,376,404 Sales revenue
$1,896,059
Retained earnings $1,365,036 Shares outstanding 165,862,887
Price per share
$39.34
Compute and interpret the Altman Z-score.
Note: Convert shares outstanding to "in thousands" for your computation.
Z-score
Transcribed Image Text:Bankruptcy Risk and Z-Score Analysis Following are selected ratios for Logitech International SA for the company's 2019 fiscal year. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. in thousands (except price per share and shares outstanding) $1,350,436 EBIT $488,117 Total liabilities i Current assets Current liabilities Total assets $263,194 $576,494 $1,376,404 Sales revenue $1,896,059 Retained earnings $1,365,036 Shares outstanding 165,862,887 Price per share $39.34 Compute and interpret the Altman Z-score. Note: Convert shares outstanding to "in thousands" for your computation. Z-score
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