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Following are selected ratios for Logitech International SA for the company’s 2016 and 2015 fiscal years. Compute and interpret Altman Z-scores for both years. Ratio 2016 2015 Working capital to total assets 0.386 0.390 Retained earnings to total assets 0.728 0.652 EBIT to total assets 0.097 0.108 Market value of equity to total assets 1.951 1.516 Market value of equity to total liabilities 4.580 3.235 Sales to total assets 1.524 1.405
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Following are selected ratios for Logitech International SA for the company’s 2016 and 2015 fiscal y...
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