FIN5DBS: Myer’s overall creditworthiness - Accounting Assignment

Internal Code: MAS759

Accounting Assignment:

Question: 1) You are required to conduct a capacity analysis and the Altman Z score analysis for Myer’s overall creditworthiness. 2. In the capacity analysis part, you are required to do the followings: a. Industry structure analysis, b. Industry fundamentals, c. company fundamentals 3. In the ratio analysis part of your company fundamentals analysis, you are required to compute the eight financial ratios as shown in the lecture slides 6.33 and 6.34. You should also forecast these ratios for the next year and recommend an appropriate credit rating based on your forecast. 4. You need to choose an appropriate Z score model to compute the current Z score of Myer and forecast the Z score for the next year. You should also indicate the financial status of Myer based on your forecast.