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
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
Section: Chapter Questions
Problem 16E
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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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