total assets are worth $3,500,000 while they have a working capital of $4,200,000

Business Apr 05, 2022

total assets are worth $3,500,000 while they have a working capital of $4,200,000. Their liabilities stand at $5,000,000 while retained earnings amount to $800,000. Earnings Before Interest and Tax come to $6,500,000. Sales total $8,300,000 while the market value of equity is $7,000,000.

Find Altman Z score , and explain the level of this score