net financial assets; net operating assets
November 12th, 2022
A)A firm holding $432 million in interest-bearing financial assets and with financing debt of $1,891 million, reported shareholders’ equity of $597 million. What were it net financial assets? What were its net operating assets?
b)The same firm reported $108 million in comprehensive income and net financial expense, after tax of $497 million. What was its after-tax operating income?