Multiple Choice
Web Services is organized as a limited partnership,with Wren Littlefeather as one of its partners.Wren's capital account began the year with a balance of $87,000.During the year,Wren's share of the partnership income was $60,000 and she received $25,000 in distributions from the partnership.What is Wren's partner return on equity?
A) 57.42%
B) 49.18%
C) 68.97%
D) 33.49%
E) 40.23%
Correct Answer:

Verified
Correct Answer:
Verified
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