You observe the following balance sheet and income statement data for Fork
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You observe the following balance sheet and income statement data for Fork

Problem 2

You observe the following balance sheet and income statement data for Fork, Inc., for the fiscal year that ended on Dec. 31, 2017. The company’s tax rate is 30%. All balance sheet data used in the computation of the Z-score and interest coverage ratio are end-of-year values. Based on this information, Altman’s Z-score = 3.4412, and the interest coverage ratio = 2.8913. The ratio of working capital to total assets is 0.09894. All calculations that involve the market price of company’s stock are based on the end-of-year stock price. The numbers are rounded to the nearest million, where appropriate, and you can use the same precision of rounding.



Please restore as much missing information as possible for which you have sufficient data. If an item cannot be restored based on available data, mark it with an X.

Hint
Accounts & FinanceBalance sheet this the financial position of an organization at the end of a financial year, since it represents individuals, organizations, or institution's assets, liabilities, and capital at the end of the period. Normally it has two sides the left and the right. On the right-hand side has the capital and the liabilities also known as financing and on the left, we have the...

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