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Crisis Managment

Autor:   •  November 8, 2018  •  805 Words (4 Pages)  •  711 Views

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Model of Maczynska

This model is a single function with 6 independents variables. This function has 2 cut-off point. 0 and 1.

[pic 12]

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Company A

[pic 13]

We see in the figure 9 that Company A were in a poor financial situation during the 3 years. This result confirmS what we said about the company in the cash flow streams analysis.

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Company B

[pic 14]

We see in the figure 10 that the company were in a very good financial situation during the three years.

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Company C

[pic 15]

We see in the figure 11 that Company C were in a are of uncertainty during the three years. SO, the company had to take some decisions in order to fix the existing problems because in 2003 the W were very close to 0 and the company could fall in the poor financial situation.

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Company D

[pic 16]

We see in the figure 12 that Company D were in a poor financial situation during the three years although the analysis of cash flow streams shown us a good evolution of the activity. So, the company had to make some other decisions to improve its financial situation.

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Model of Gajdka and Stos

This model is a single function with 6 independents variables. This function has a cut-off point. 0,45. This model is more sensitive than the previous one.

[pic 17]

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Company A

[pic 18]

We see in the figure 13 that Company A face a poor financial situation. This result confirms the previous result with the other model.

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Company B

[pic 19]

We see in the figure 14 that the company were in a very good financial situation during the three years.

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Company C

[pic 20]

We see in the figure 15 that the company were in a very good financial situation during the three years.

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Company D

[pic 21]

We see in the figure 12 that Company D were in a poor financial situation during the three years.

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Bankruptcy

In conclusion, the company that will face a bankruptcy is the company A. The conclusion of the cash flow streams is that the company will face a bankruptcy in the future and the models confirmed it. Furthermore, all the calculations are available in the excel file with all the data.

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