The rate of return on total assets is calculated by first subtracting interest expense from net income and then dividing the result by average total assets.

Name: The rate of return on total assets is calculated by first subtracting interest expense from net income and then dividing the result by average total assets.
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The rate of return on total assets is calculated by first adding interest expense to net income and then dividing the result by average total assets.

The Rate of Return on Total Assets Is Calculated by First