Solved: What was the after-tax operating income, Accounting Basics

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What was the after-tax operating income

Question 1: 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?

Question 2: 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?

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Accounting Basics: What was the after-tax operating income

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Accounting Basics: What was the after-tax operating income

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