define financial distress? discuss the models of distress prediction
Answers
Answered by
1
Answer:
Financial distress prediction models are usually composed on financial information – financial ratios of solvency, activity, profitability, investment, and leverage. Despite the fact that many studies reported high predictive power for their ratios, a unique perfect combination of financial ratios hasn't been found.
Answered by
0
Answer:
Financial distress prediction models are usually composed on financial information – financial ratios of solvency, activity, profitability, investment, and leverage. Despite the fact that many studies reported high predictive power for their ratios, a unique perfect combination of financial ratios hasn't been found.
Similar questions