Examlex
Which of the following is not included in the computation of Altman's Z-score?
Financing Activity
Activities that result in changes in size and composition of the contributed equity and borrowings of the entity, reflected in the cash flow statement.
Inventory
Inventory encompasses the raw materials, work-in-progress, and finished goods that a company holds at any time, representing a crucial asset that is sold to generate revenue.
Treasury Stock
Shares that were issued and later reacquired by the issuing company, reducing the amount of stock outstanding on the open market.
Salaries Payable
The amount owed to employees for work performed that has not yet been paid at the end of a reporting period.
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