Altman Formula
1. **State the problem:** Calculate the value of the expression using the Altman formula components given:
$$1.2 \times 0.02216 + 1.4 \times 0.3409 + 3.3 \times 0.0733 + 0.6 \times 2.710417 + 1.0 \times 0.000000002611960$$
2. **Recall the formula:** The Altman Z-score formula is a weighted sum of financial ratios, where each ratio is multiplied by a coefficient and then summed.
3. **Calculate each term:**
- $1.2 \times 0.02216 = 0.026592$
- $1.4 \times 0.3409 = 0.47726$
- $3.3 \times 0.0733 = 0.24189$
- $0.6 \times 2.710417 = 1.6262502$
- $1.0 \times 0.000000002611960 = 0.000000002611960$
4. **Sum all terms:**
$$0.026592 + 0.47726 + 0.24189 + 1.6262502 + 0.000000002611960 = 2.37199220261196$$
5. **Final answer:**
The calculated value using the Altman formula components is approximately **2.372**.