Scientific Trip: Visit to DUKAN-2 Water Treatment Plant
Predicting the strength or weakness of an enterprise, and predicting its potential failure may require the use of certain financial ratios, these are representative of performance factors The results of these ratios are then measured in the knowledge of the performance of the entity. The scientific literature presents the existence of many predictive models of the financial failure of the enterprises. The most common analytical models used to support the financial failure of a business is:
1. ( Altman and Mccovgh ) Model Z-Score (1974)
2. (Kida) Z-Score Model 1984
3. (Sherrod) Z-Score Model 1987
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