Small and Medium Size Companies Financial Durability Altman Model Aplication
Abstract
In order to achieve good operation and avoid failure, a prediction analysis of the financial status can help business to plan its commercial activities. The objective of this research is to determine if medium and small companies from Tuxtepec, Oaxaca in Mexico are financially durable. The Altman Z-Score was applied. The sample has 32 Medium and small companies from Tuxtepec, Oaxaca. The results show that 3.1% of the companies are bankrupt, a 25% of them are in a gray zone and a 75% are on a safe zone. The results show that the medium and small companies from Tuxtepec, Oaxaca are financially durable.Downloads
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Published
2018-03-08
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
How to Cite
Small and Medium Size Companies Financial Durability Altman Model Aplication. (2018). Mediterranean Journal of Social Sciences, 9(2), 9. https://www.richtmann.org/journal/index.php/mjss/article/view/10166