. Last year, Jah Corp. reported a book value of $350 million in current assets, of which 40% is cash, 42% is short-term investments, and the rest is accounts receivable and Inventory. The company reported $297.5 million of current liabilities including accounts payable and accruals. Interestingly, the company had no notes payable claims last year. There were no changes in the accounts payables during the reporting period. The company, however, invested heavily in plant and equipment to support its operations. It reported a book value of $560 million in long-term assets last year Income Statement For the Year Ended on December 31 (Millions of dollars) J&H Corp. Industry Average Net sales $3,700 $4,625 Operating costs, except depreciation and amortization 2,960 3,700 Depreciation and amortization 148 185 Total operating costs 3,108 3,885 Operating income (or EBIT) $592 $740 Less: Interest 59 111 Earnings before taxes (EBT) $533 $629 Less: Taxes (40%) 213 252 Net Income $320 $377 Based on the information given to Jeffrey, he submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan. Which of the following statements in his report are true? Check all that apply. The firm uses $465.5 million of total net operating capital to run the business. & Corp, has $147.0 milion in nonoperating assets. J&H Corp, has -$94.5 million of non interest-bearing current assets not of noninterest-charging abilities. BH Corp. has $260.7 million of net operating capital. Based on the information on industry averages, other players in the industry would generate higher profits than 8 Corp. If they had no debt and held no financial assets