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?

Question

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?

Quizplus · Accepted Answer

The Answer of 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?

The Following Information Is Available from the Financial Statements of Cosmotropolis