When Calculating the Return on Total Assets,the After-Tax Effect of Interest

question 141

True/False

When calculating the return on total assets,the after-tax effect of interest expense must be subtracted from net income.

---

Definitions:

Hydrocarbons

Organic compounds composed exclusively of hydrogen and carbon atoms, which can vary in structure, including alkanes, alkenes, and aromatics.

Saturated

Describes a molecule that contains no double or triple carbon-carbon bonds, with all carbon atoms connected by single bonds.

Alkane

A saturated hydrocarbon consisting of carbon and hydrogen atoms with single covalent bonds.

Secondary Carbons

A carbon atom bound to two other carbon atoms within an organic molecule, often influencing the molecule's reactivity and physical properties.