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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.
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