Return on Assets Is Computed by Adding the After-Tax Interest

question 82

True/False

Return on assets is computed by adding the after-tax interest expense to net income, then dividing by the average total assets.

---

Definitions:

Study Breaks

Short periods of rest or diversion taken during study sessions to improve focus and maintain performance over longer durations.

Study Schedule

A planned allocation of specific times for studying, aimed to enhance productivity and manage time effectively.

Major Assignments

Significant tasks or projects assigned for academic or professional completion.

Cramming

The practice of intensively memorizing large volumes of information in a short period, often used in the context of studying.