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AIWMI Exam CCRA-L2 Topic 4 Question 30 Discussion
Actual exam question for
AIWMI's
CCRA-L2 exam
Question #: 30
Topic #: 4
[All CCRA-L2 Questions]
Topic #: 4
Mr. Gopi, while teaching the CCRA course to students described Altman's Model and stated that following variables do exist for Altman's Model:
1. total debt/total assets,
2. retained earnings/total assets.
3. earnings before interest and taxes/total assets,
4. market value equity/book value of total liabilities,
5. sales/total assets
Exactly how many variables are incorrectly identified?
Suggested Answer:
A
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