Bankruptcy Risk and Z-Score Analysis

Following are selected ratios for Logitech International SA for the company’s 2016 and 2015 fiscal years. Compute and interpret Altman Z-scores for both years.

Ratio 2016 2015
Working capital to total assets 0.474 0.478
Retained earnings to total assets 0.816 0.740
EBIT to total assets 0.097 0.108
Market value of equity to total assets 1.840 1.405
Market value of equity to total liabilities 4.469 3.124
Sales to total assets 1.524 1.405
Round answers to three decimal places.

What are the Z scores For 2016 and 2015

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