What is partner return on equity, Accounting Basics

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What is partner return on equity

Renee Jackson is a partner in Sports Promoters. Her beginning 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%

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Accounting Basics: What is partner return on equity

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Recent Questions Asked Accounting Basics

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Q : What is partner return on equity

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Accounting Basics: What is partner return on equity

Reference No:- TGS046047

Recent Questions Asked Accounting Basics

Q : Bonds issued and interest rate

Q : Report on government-wide financial statements

Q : Better risk adjusted return problem

Q : Calculation of non-controlling interest

Q : What is partner return on equity

Q : Capital balance in the partnership

Q : Partnership agreement called for income-loss division

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