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Question: bankruptcy risk and zscore analysis following are selected ratios for...

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Bankruptcy Risk and Z-Score Analysis
Following are selected ratios for JetBlue Airways for two recent fiscal years.

Ratio 2016 2015
Current ratio 0.604 0.705
Working capital to total assets (0.069) (0.104)
Retained earnings to total assets 0.258 0.194
EBIT to total assets 0.138 0.141
EBITDA to total assets 0.180 0.181
Market value of equity to total liabilities 1.380 1.342
Sales to total assets 0.699 0.742

Compute and interpret Altman Z-scores for the company for both years. (Do not round until your final answer; then round your answers to two decimal places.)
2016 z-score = _____
2015 z-score = _____

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