Question: Balance Sheet and Income Statement Relations (Easy}
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 its 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 $4 7 million. What was its after-tax operating income?