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Article #8

how do I calulate this formula

#8
From: gerard
Date: Tue, 09 Apr 2002 20:48
18 lines
1790 bytes
FINANCIAL RATIO	COEFFICIENT
	+ 0.23883
Average Inventories/Sales	- 0.108
Average Receivables/Average Inventories	- 1.583
(Cash + Marketable Securities)/Total Assets	- 10.78
Quick Assets/Current Liabilities	+ 3.074
Income from Continuing Operations/(Total Assets - Current Liabilities)	+ 0.486
Long-Term Debt/(Total Assets - Current Liabilities)	- 4.35
Sales/(Net Working Capital + Fixed Assets)	+ 0.11
y =	Sum of (Coefficient * Ratio)
Probability of Bankruptcy =	1/(1 + ey)

I cannot calulate 1/(1 + ey) where in the orgonal formula the y was above the e 

regards 


gerard
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From: gvd@hotpop.com (gerard)
Newsgroups: uk.education.maths,aus.mathematics,de.sci.mathematik,z-netz.wissenschaft.mathematik,fr.sci.maths
Subject: how do I calulate this formula
Date: 9 Apr 2002 13:48:08 -0700
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