Calculate operating income after tax and net financial expense
Not what you're looking for? Search our solutions OR ask your own Custom question.
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.
© BrainMass Inc. brainmass.com March 4, 2021, 9:56 pm ad1c9bdddfhttps://brainmass.com/business/accounting/calculate-operating-income-after-tax-net-financial-expense-283841
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.
$2.49