Calculate operating income after tax and net financial expense
A firm reported $818 million of net income in its income statement after $140 million of net interest expense and income tax expense of 4402 million. Calculate the operating income after tax and net financial expense after tax, using a statutory tax rate of 35 percent.
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Solution Preview
1 - Operating Income after tax
Net Income = Operating Income - Interest - Taxes
or 818 = Operating Income - ...
Solution Summary
The soltuion Calculate operating income after tax and net financial expense after tax rate.
$2.19