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3 years ago

Smith & Smith has a bond rating of B and an Altman s Z-score of 1.0. This suggests that:

Business

1 answer:

Ghella [55]3 years ago

3 0

Answer:

"The firm has high credit risk" is the correct answer.

Explanation:

A Z-Score exceeding 2.99 indicates an organization becomes focused mostly on the economic projections throughout the safe space. Throughout the Grey Zone, a Z-Score among 1.8 as well as 2.99 means that there is indeed a reasonable possibility that the business will go bankrupt throughout the next 2 years.
In the meantime, mostly in Distress Zone, just one Z-Score under 1.80 suggests a high likelihood of discomfort during this timeframe.

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Gloria just started working for GlenMack. As part of her signing bonus, she received 20 shares of GlenMack stock. Gloria is exci

EastWind [94]

Answer:

Public Company

Explanation:

In the given case, since it is mentioned that Gloria working for GlenMack now as a part of the signing bonus she received twenty shares from the stock of GlenMack now she is excited to contribute to the company and also wants to track the shares value on the new york stock exchange so here the Glenmust must be public company as the stock are listed on the stock exchange

So the same is to be relevant

3 0

3 years ago

Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Factory Overhead Total Man

igomit [66]

Answer:

The Missing Amounts are underlined and in bold text

Direct Materials Direct Labor Factory Overhead Total Manufacturing cost

(1) $42,900 $62,300 $52,300 $157500

(2) $78,000 $79,000 $142,000 $299,000

(3) $59,000 $138,000 $115,000 $312,000

Total Manufacturing Costs Work in Process (January 1)

Work in Process (December 31) Cost of Goods Manufactured

(1) $157500 $122,000

$84,600 $194,900

(2) $299,000 $123,000

$98,800 $323,200

(3) $312,000 $464,000

$58,000 $718,000

5 0

4 years ago

Legal tender act 1862 purpose and impact on economy.

AlekseyPX

Answer:

The Legal Tender Act allowed the government to print $150 million in paper money that was not backed by a similar amount of gold and silver. ... The government was able to pay its bills and, by increasing the money in circulation, the wheels of Northern commerce were greased.

Explanation:

4 0

3 years ago

Tennessee Corporation is analyzing a capital expenditure that will involve a cash outlay of $109,332. Estimated cash flows are e

sammy [17]

The internal rate of return for this investment is 12%

Option C

Solution:

PV of Cash Outlay = PV of Cash Inflow

109332 = 36000*PVIFA (Rate,4)

PVIFA(rate,4) = 109332/36000

PVIFA(rate,4) = 3.037

The present value factors for an annuity of $1 for 4 years at interest of 12% is 3.037

So IRR = 12%

7 0

3 years ago

As the market revolution progressed, the northern countryside became

Lerok [7]

As the market revolution progressed, the northern countryside became more and more socialized and the citizen or people living there are less alone and isolated in the area due to the innovation of marketing process and communication of various inhabitants.

3 0

3 years ago