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Design Services Is Organized as a Limited Partnership,with Miko Toori

Question 54

Multiple Choice

Design Services is organized as a limited partnership,with Miko Toori as one of its partners.Miko's capital account began the year with a balance of $35,000.During the year,Miko's share of the partnership income was $7,500,and Miko received $4,000 in distributions from the partnership.What is Miko's partner return on equity?


A) 10.2%
B) 22.7%
C) 19.5%
D) 20.4%
E) 21.4%

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