A firm reported $118 million in comprehensive income and net financial expense, after tax, of $47 million. What was its after-tax operating income? A. $165 million B. $155 million C. $71 million D. $175 million
Question
A firm reported 47 million. What was its after-tax operating income? A. 155 million C. 175 million
Solution
The after-tax operating income can be calculated by adding the comprehensive income and the net financial expense, after tax.
Here's the step-by-step calculation:
- Comprehensive income = $118 million
- Net financial expense, after tax = $47 million
Add these two together:
47 million (net financial expense, after tax) = $165 million
So, the after-tax operating income of the firm is 165 million.
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