Renee Jackson is a partner in Sports Promoters. Her beginning partnership capital balance for the current year is $55,400, and her ending partnership capital balance for the current year is $62,400. Her share of this year's partnership income was $5,650. What is her partner return on equity?
9.59% | |
11.04% | |
9.05% | |
10.20% | |
9.81% |
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