The following information is given for Ford for 2001 (in millions):
Ford Ford’s Bond Ra...
Business, 05.05.2020 07:22 caraxphernelia
The following information is given for Ford for 2001 (in millions):
Ford Ford’s Bond Ratings Altman’s Z-score Model
Total current assets $37,833 Moody’s: A1 6.56 x working capital / total assets
Total current liabilities 43,327 Standard & Poors’: A 3.26 x retained earnings / total assets
Total assets 284,421 6.72 x EBIT / total assets
Retained earnings 17,884 1.05 x BV of equity / BV of debt
Earnings before tax 8,234 = Z-score
Interest expense 9,519 Failing: below 1.1
Total stockholders’ equity 18,610 Gray: 1.1-2.6
Total liabilities 265,138 Healthy: above 2.6
Altman's retained earnings Z-score calculation for Ford is:
a. -.127
b. .205
c. -.107
d. .416
Answers: 3
Business, 22.06.2019 03:30
Eagle sporting goods reported the following data at july ​31, 2016​, with amounts adapted in​ thousands: ​(click the icon to view the income​ statement.) ​(click the icon to view the statement of retained​ earnings.) ​(click the icon to view the balance​ sheet.) 1. compute eagle​'s net working capital. 2. compute eagle​'s current ratio. round to two decimal places. 3. compute eagle​'s debt ratio. round to two decimal places. do these values and ratios look​ strong, weak or​ middle-of-the-road? 1. compute eagle​'s net working capital. total current assets - total current liabilities = net working capital 99400 - 30000 = 69400 2. compute eagle​'s current ratio. ​(round answer to two decimal​ places.) total current assets / total current liabilities = current ratio 99400 / 30000 = 3.31 3. compute eagle​'s debt ratio. ​(round answer to two decimal​ places.) total liabilities / total assets = debt ratio 65000 / 130000 = 0.50 do these ratio values and ratios look​ strong, weak or​ middle-of-the-road? net working capital is ▾ . this means ▾ current assets exceed current liabilities current liabilities exceed current assets and is a ▾ negative positive sign. eagle​'s current ratio is considered ▾ middle-of-the-road. strong. weak. eagle​'s debt ratio is considered ▾ middle-of-the-road. strong. weak. choose from any list or enter any number in the input fields and then continue to the next question.
Answers: 3
Business, 22.06.2019 19:00
Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.
Answers: 3
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