Problem with computing a z score for a closely held firm

Reference no: EM131318064

1. What does a Z score below 2.675 indicate, according to the Altman model?

2. Indicate a practical problem with computing a Z score for a closely held firm.

3. No conclusive model has been developed to forecast financial failure. This indicates that financial ratios are not helpful in forecasting financial failure. Comment.

Reference no: EM131318064

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Problem with computing a z score for a closely held firm : What does a Z score below 2.675 indicate, according to the Altman model?- Indicate a practical problem with computing a Z score for a closely held firm.

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