Advanced Corporate Finance

Individual Coursework Assignment (2)Submission Due: 30th March 2016 at 12noonThe coursework comprises of 20% of the overall assessment for the Advanced Corporate Finance course. You must submita printed copy of your assignment to the Business School hand-in boxes on the 2nd floor of the Edward Wright building ANDsubmit a copy of the assignment via Turnitin (accessed via MyAberdeen). Printed copies of the assignment must beaccompanied with an assignment submission coversheet, which will be available on MyAberdeen. All of the assignmentmaterial must be prepared individually.The assignment must be no more than 2,000 words. Any diagrams/tables/equations must appear in the body of theassessment and do not count towards the word limit. A separate front cover (with your student ID, title of assignment andword count must be included but must not contain your name) and finally, a reference list should be submitted at the endof the assignment but is not included in the word limit.All submissions MUST be typed in MS Word using Times New Roman 12 point font and double line spacing (please PRINTsingle sided). Page margins should be set to ‘normal’ on MS Word. All pages should be numbered consecutively. A fullbibliography/reference list should be submitted at the end of the report following the Harvard Referencing System. See thelibrary factsheet available here:[PDF] http://www.abdn.ac.uk/library/documents/guides/gen/uggen007.pdfPenalties for failing to adhere to these guidelines will be applied at the discretion of the marker.If you are late in submitting the project you will incur the following late penalties: One CGS grade per day (this includes weekends). After 7 days, students will be awarded the lowest mark possible, G3 (0%)Non-submission of the assignment will result in a C6 and the student potentially being unable to complete the course. If youare prevented from submitting the assignment through illness or personal circumstances, you must inform the coursecoordinator as soon as possible and submit the relevant Absence Reporting on MyAberdeen.Feedback on this piece of assessment will be provided as outlined by the relevant university guidelines.By submitting the assignment you are agreeing:a) That this assignment is my own work and I have read, understood and abide by the University regulationsrelating to plagiarism and collusion (http://www.abdn.ac.uk/infohub/study/plagiarism-cheating.php)b) That sources of all referenced material have been properly acknowledgedc) That I am aware that Turnitin will be used to check for evidence of plagiarismThe University of Aberdeen provides helpful information to you to help avoid plagiarism.(http://www.abdn.ac.uk/library/learning-and-teaching/for-students/information-skills-toolkit/avoiding-plagiarism/)Individual Assignment question:Identify what is meant by ‘financial distress’ and provide an overview of theapproaches taken in the academic literature in relation to this concept.ANDCritically evaluate the following view: “Altman’s Z-score approach provides uswith all we need to know in this area, therefore alternative approaches aresurplus to requirements.”