The Following Information Is Available from the Financial Statements of Cosmotropolis

question 118

Short Answer

The following information is available from the financial statements of Cosmotropolis
$\begin{array}{lrrr}&2009&2010&2011\\\text { Total assets, December 31 } & \$ 341,585 & \$ 395,412 & \$ 922,357 \\ \text { Net income } & 35,550 & 49,512 & 68,149 \\\end{array}$
What is Cosmotropolis' return on total assets for 2011?

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Definitions:

Future Cash Flows

Estimates of the amount of money that will be received or paid out by a company in the future.