Which of the following is true of Altman's Z-Score Boundaries?
A) If a publicly traded non-manufacturing firm has a Z-score of 1.81, it predicts bankruptcy.
B) If a publicly traded manufacturing firm has a Z-score of 2.60, it indicates non-bankruptcy.
C) If a publicly traded manufacturing firm has a Z-score of 1.42, the firm is in the zone of ignorance.
D) The zone of ignorance for privately held manufacturing firms is 1.23 to 2.90.

Question

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The Answer of Which of the following is true of Altman's Z-Score Boundaries?
A) If a publicly traded non-manufacturing firm has a Z-score of 1.81, it predicts bankruptcy.
B) If a publicly traded manufacturing firm has a Z-score of 2.60, it indicates non-bankruptcy.
C) If a publicly traded manufacturing firm has a Z-score of 1.42, the firm is in the zone of ignorance.
D) The zone of ignorance for privately held manufacturing firms is 1.23 to 2.90.

Which of the Following Is True of Altman's Z-Score Boundaries