Question - Compute and Interpret Altman Z-scores

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Question - Compute and Interpret Altman's Z-scores

Following is selected financial information for eBay Inc., for its fiscal years 2013 and 2012.

(In millions, except per share data)

2013

2012

Current assets

$23,283

$21,398

Current liabilities

12,639

10,924

Total assets

41,488

 

Total liabilities

17,841

16,209

Shares outstanding

1,294

1,286

Retained earnings

18,854

15,998

Stock price per share

54.87

51.00

Sales

16,047

14,072

Earnings before interest and taxes

3,371

2,888

Required - Compute and interpret Altman Z-scores for the company for both years.

Reference no: EM132711017

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