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

A profit center can exist in a nonprofit organization

Indicate whether the statement is true or false

A downside of using internal incubators for technology development is that:

a. technology developed by the company would be controlled by the parent company. b. the company has to reinvest in a new incubator candidate if the existing one has obtained venture capital financing. c. the company has to develop technology which will not be used by their own business operations. d. technology developed in the incubator will never be launched.