1. Using the Altman’s Original Z-Score Model, if the calculated Z-score for a publicly traded company is 1.57, what can you conclude?
2. When using the Z-Score Model for private firms, which variable could be a potential problem and why?
3. Students will be required to explain, from a legal and ethical perspective, two Federal laws that affect accountant's responsibility and liability. The overall grade will be based on (1) the ability to identify the relevant perspectives (G201).