You are required to calculate the distress level by using Alman’s Z-score Model. Liabilities Amount Assets Amount (RS) (Rs.) Equity share @10 each 500,000 Fixed assets
You are required to calculate the distress level by using Alman’s Z-score Model. Liabilities Amount Assets Amount (RS) (Rs.) Equity share @10 each 500,000 Fixed assets 600,000 Reserve and surplus 100,000 Other Current Assets 1 10,000 12% Debenture 200,000 Debtor 180,000 Creditors 190,000 Receivables 100,000 Outstanding Expenses 90,000 Cash at bank 90,000 Total 10,80,000 Total 10,80,000 Additional Information: Market Value per share Rs. 14; Operating Profit (10% on sales) Rs 150,000. If the company is not in a good position, then what are your suggestions to improve the Z-Score of that company?