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Article #8how do I calulate this formula
From: gerard
Date: Tue, 09 Apr 2002 20:48
Date: Tue, 09 Apr 2002 20:48
18 lines
1790 bytes
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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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: f458d,3be7daa478fd55da,start X-Google-Attributes: gidf458d,public X-Google-Thread: 1139f8,3be7daa478fd55da,start X-Google-Attributes: gid1139f8,public X-Google-Thread: 102d9c,3be7daa478fd55da,start X-Google-Attributes: gid102d9c,public X-Google-Thread: 1032cb,3be7daa478fd55da,start X-Google-Attributes: gid1032cb,public X-Google-Thread: 10d67e,3be7daa478fd55da,start X-Google-Attributes: gid10d67e,public X-Google-ArrivalTime: 2002-04-09 13:48:09 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!postnews1.google.com!not-for-mail 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 Organization: http://groups.google.com/ Lines: 18 Message-ID: <8d215f42.0204091248.7c2be258@posting.google.com> NNTP-Posting-Host: 212.182.132.252 Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: 8bit X-Trace: posting.google.com 1018385289 27008 127.0.0.1 (9 Apr 2002 20:48:09 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: 9 Apr 2002 20:48:09 GMT