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Bankruptcy's Buoyant Crystal Ball
In the current crunch, smart CFOs need to gauge how overextended their companies are before taking on a new client or embarking on an expansion, a turnaround expert says.
October 22, 2008
Few 40-year-olds can boast the ongoing success of the Z-score, a bankruptcy-prediction model introduced by New York University professor Edward Altman in 1968. The model, which assigns weighted values to five financial ratios to assess the likelihood of bankruptcy for manufacturing and industrial firms, has become an industry standard for detecting trouble before it happens. Read more...
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IHOP's Thomas Conforti: The Right Mix
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What's Your Fraud Score?
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Growing with the Flow
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Measuring Up
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Print Edition
Switching to IFRS is inevitable for private companies — eventually.
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