The Following Information Is Available from the Financial Statements of Cosmotropolis

question 82

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:

Expected Gain

The anticipated positive return or benefit from an investment or action, often calculated as an average of possible outcomes.

Negative Return

A loss incurred from an investment where the total costs exceed the total revenues.

Social Impact

The effect of an activity on the social fabric of the community and well-being of individuals and families.

Energy Consumption

The amount of energy consumed by business processes or systems, often measured in kilowatt-hours (kWh) or megajoules.