Which of the Following Is True of Altman's Z-Score Boundaries

Multiple Choice

Which of the following is true of Altman's Z-Score Boundaries?

A) If a publicly traded non-manufacturing firm has a Z-score of 1.81, it predicts bankruptcy.
B) If a publicly traded manufacturing firm has a Z-score of 2.60, it indicates non-bankruptcy.
C) If a publicly traded manufacturing firm has a Z-score of 1.42, the firm is in the zone of ignorance.
D) The zone of ignorance for privately held manufacturing firms is 1.23 to 2.90.