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PorterOlaph PorterOlaph
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7 years ago
Which of the following is true of Altman's Z-Score Boundaries?
A) If a publicly traded non-manufacturing firm has a Z-score of 1.81, it predicts bankruptcy.
B) If a publicly traded manufacturing firm has a Z-score of 2.60, it indicates non-bankruptcy.
C) If a publicly traded manufacturing firm has a Z-score of 1.42, the firm is in the zone of ignorance.
D) The zone of ignorance for privately held manufacturing firms is 1.23 to 2.90.
Textbook 
Forensic Accounting

Forensic Accounting


Edition: 1st
Authors:
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IrishLadyIrishLady
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Posts: 292
7 years ago
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PorterOlaph Author
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7 years ago
Much appreciated. Excellent explanation too
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