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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%

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M946047

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