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Aleja Aleja
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6 years ago
Edward Altman published the following seminal paper in finance on predicting firm bankruptcy:
"Financial Ratios, Discriminant Analysis, and the Prediction of Corporate Bankruptcy". Journal of Finance: 189–209, (September, 1968).

In the paper, Altman used a statistical method known as discriminant analysis to calculate a single score, known as a Z-score, that was useful in predicting whether a firm was in danger of filing bankruptcy. Altman used publicly available information and calculated several ratios from the financial data that were good predictors of bankruptcy. Spend some time looking up information on Altman’s paper, or find a copy of Altman’s paper, and then answer the following questions.

What specific ratios did Altman include in his bankruptcy prediction model? Why do you think these ratios provide information about bankruptcy?
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traggthuyy@gmaitraggthuyy@gmai
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Aleja Author
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6 years ago
Just got PERFECT on my quiz
Marctheshark
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Yesterday
Thank you, thank you, thank you!
riptide
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2 hours ago
You make an excellent tutor!
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