Predictability of Insolvency on the basis of Ratios

In this article we will discuss about the Predictability of Insolvency on the basis of Ratios. Edward 1. Altman of U.S.A. has developed a model on the basis of which insolvency of a firm can be predicted— this has been developed on the basis of empirical research conducted by him. In Altman's view, the Z' value of the firm under [...]