Department store has its headquarters. As of 2016, there were 95 El Corte Inglés department stores. Other competitors such as Simago and Galerías Preciados closed in the 1990s. However, El Corte Inglés faces major competition from French discount operators such as Carrefour and Auchan. In Sri Lanka there are few department stores. Most are based on Colombo, the country's capital. Notable department stores are Odel, the Food City chain by Cargills (Ceylon) PLC and the Arpico chain operated by David Pieris & Co. The largest department store chain in Sweden is Åhléns, which operates stores throughout the country. Its flagship Stockholm store,
Ohlson o-score mathematical model is 100% accurate, so while the O-Score may forecast bankruptcy or solvency, factors both inside and outside of the formula can impact its accuracy. Furthermore, later bankruptcy prediction models such as the hazard based model proposed by Campbell, Hilscher, and Szilagyi in 2011 have proven more accurate still. For the O-Score, any results larger than 0.5 suggests that the firm will default within two years. Ohlson o-score The Ohlson O-Score for predicting bankruptcy is a multi-factor financial formula postulated in 1980 by Dr. James Ohlson of the New York University Stern Accounting Department as an alternative to the