What Is the Least Important Factor Determining Bankruptcy, According to the Altman

question 42

Multiple Choice

What is the least important factor determining bankruptcy, according to the Altman Z-score model?

• A)Working capital to assets ratio
• B)Retained earnings to assets ratio
• C)Earnings before interest and taxes to assets ratio
• D)Market value of equity to book value of long-term debt ratio
• E)Sales to assets ratio

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Definitions:

Life Expectancies

Life expectancies refer to the average number of years a newborn is expected to live, based on current mortality rates and health conditions in a given area or population.

Developed Countries

Nations with advanced economic sectors, high standards of living, and well-established infrastructure, often marked by high levels of industrialization and urbanization.

Undeveloped Countries

A term often referred to countries with a lower level of material wealth and industrial development; however, "developing countries" is more commonly used today.

Surgically Sterilized

A permanent method of contraception involving surgery to prevent pregnancy, applicable to both men and women.