Reference no: EM131973792

Question: Please answer each question by using the question and then answering it under the question.

I need references for the first 2. The 3rd question is your opinion only and therefore I don't need references.

"Bankruptcy"

• Use the Internet to locate four different recent bankruptcy filings from publicly traded corporations. Then, use the Internet to locate information on Altman's Z-Score. Propose two steps that a company could take in order to avoid bankruptcy. Provide a rationale for your proposals.

• Analyze the components of Altman's Z-Score. Suggest at least two decisive measures that a company could take in order to lower its probability of bankruptcy.

• Please put this paragraph in your own words.

• In addition to your post I would add that there is not a single cause that determines when a company is at the border of bankruptcy; it is a combination of many reasons, among them companies find themselves missing payments. This is one of the most basic signs. If you can't pay bills as they come due, that could indicate your debt has become excessive. It's especially worrying if you can't meet major obligations such as a mortgage or any other obligations on time.

Please use quality research in your internet search. Cite your references.