FIN 3623 Investments
American International Group, Inc. (AIG)
Overview and History
American International Group, Inc. (AIG) is an international insurance company, serving
over 88 million customers in more than 13
Working capital (WC) = current assets used in ops = Inv + AR AP = zero
Net working capital (NWC) = curr assets curr liab
Net operating working capital (NWOC) = ops curr assets ops curr liab = ops cash + AR + inv AP accruals
(doesnt incl non-ops securities
Which of the following can be described as involving indirect finance?
Correct Answer: You make a deposit at a bank.
A rising stock market index due to higher share prices
Correct Answer: increases people's wealth and as a result may