ATLANTA, GA–(Marketwire – Mar 26, 2012) – The Z-score indicator of a company’s likelihood of bankruptcy was developed by a doctoral candidate some 45 years ago, and today, creator Dr. Edward Altman has paired with Sribatas Das to release an app for Z-score. As explained in a story on The Accounts Receivable Network, Altman expanded his Z-score to a family of formulas to expand its application beyond publically held manufacturing companies. Z-score, Z-prime and z-double prime can be used for public and private companies for manufacturing and non-manufacturing. Now it is more available and easier to use than ever.
More here: The Accounts Receivable Network: Credit Management Z-Score? There’s an App for That