In Altman's Z-Score Model,which of the Following Variables Has a Negative

Multiple Choice

In Altman's Z-score model,which of the following variables has a negative coefficient in the discriminant function that comes out of the model? (A negative coefficient would mean that the Z-score is decreasing in the variables. )

A) Working Capital/Total Assets
B) Market Value of Equity/Book Value of Debt
C) Sales/Total Assets
D) None of the above.