Compute and Interpret Altman's Z-scores Following is selected financial information for Netflix, for 2018 and 2017. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal pla In thousands, except per share data Current assets 2018 2017 $10,178,842 $8,053,473 Current liabilities Total assets) Total liabilities Shares outstanding Retained earnings Stock price per share 6487,320 5,466.312 27,273,120 19.963.379 21,772,417 16.202.325 458,429 455,063 2.942.359 1,731,117 281.00 191.96 Sales 15,794,341 12,277,349 Earnings before interest and taxes 1,685,487 838,679 Compute and interpret Aldman Z-scores for the company for both years. Year 2017 2018 Z-score Is the company's bankruptcy risk increasing or decreasing over this period? =

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute and Interpret Altman's Z-scores
Following is selected financial information for Netflix, for 2018 and 2017.
Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal pla
In thousands, except per share data
Current assets
2018
2017
$10,178,842 $8,053,473
Current liabilities
Total assets)
Total liabilities
Shares outstanding
Retained earnings
Stock price per share
6487,320 5,466.312
27,273,120 19.963.379
21,772,417 16.202.325
458,429 455,063
2.942.359 1,731,117
281.00 191.96
Sales
15,794,341 12,277,349
Earnings before interest and taxes
1,685,487
838,679
Compute and interpret Aldman Z-scores for the company for both years.
Year
2017
2018
Z-score
Is the company's bankruptcy risk increasing or decreasing over this period?
=
Transcribed Image Text:Compute and Interpret Altman's Z-scores Following is selected financial information for Netflix, for 2018 and 2017. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal pla In thousands, except per share data Current assets 2018 2017 $10,178,842 $8,053,473 Current liabilities Total assets) Total liabilities Shares outstanding Retained earnings Stock price per share 6487,320 5,466.312 27,273,120 19.963.379 21,772,417 16.202.325 458,429 455,063 2.942.359 1,731,117 281.00 191.96 Sales 15,794,341 12,277,349 Earnings before interest and taxes 1,685,487 838,679 Compute and interpret Aldman Z-scores for the company for both years. Year 2017 2018 Z-score Is the company's bankruptcy risk increasing or decreasing over this period? =
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