HW-Financial Ratios
Delta Air Lines, Inc., is one of the largest airlines in the United States. It has operated on the verge of bankruptcy for several years. Table below presents selected financial data for Delta Air Lines for each of the five years ending December 31, 2000, to December 31, 2004. Delta Air Lines filed for bankruptcy on September 14, 2005.
Financial Data for Delta Air Lines, Inc. (amounts in millions, except per-share amounts)
1) Compute the value of Altman’s Z-score for Delta Air Lines for each year from 2000 to 2004.