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Mr. Gopi, while teaching the CCRA course to students described Altman's Model and stated that following variables do exi

Posted: Thu Jul 21, 2022 9:25 pm
by answerhappygod
Mr. Gopi, while teaching the CCRA course to students described Altman's Model and stated that following variables do exist for Altman's Model:
1. total debt/total assets,
2. retained earnings/total assets.
3. earnings before interest and taxes/total assets,
4. market value equity/book value of total liabilities,
5. sales/total assets
Exactly how many variables are incorrectly identified?

A. Exactly Four
B. Exactly One
C. Exactly Two
D. Exactly Three