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    Fundamental Accounting Principles Study Set 1
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    Exam 12: Accounting for Partnerships
  5. Question
    Feldt Is a Partner in Feldt & Dodson Company
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Feldt Is a Partner in Feldt & Dodson Company

Question 98

Question 98

True/False

Feldt is a partner in Feldt & Dodson Company. Feldt's share of the partnership income is $18,600 and her average partnership equity is $155,000. Her partner return on equity equals 8.33.

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