Multiple Choice
Renee Jackson is a partner in Sports Promoters.Her beginning partnership capital balance for the current year $55,000 and her ending partnership capital balance for the current year is $62,000.Her share of this year's partnership income was $5,250.What is her partner return on equity?
A) 8.47%
B) 8.97%
C) 9.54%
D) 1047%
E) 1060%
Correct Answer:
Verified
Correct Answer:
Verified
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