What daniel''s partner return on equity is


Masters and Co. is organized as a partnership. Daniel Whitman, a partner in Masters and Co., had a capital account at the beginning of the year of $50,000. During the year Daniel's share of partnership income was $8,500, while he received distributions from the partnership of $4,000. what Daniel's partner return on equity is:

 

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Accounting Basics: What daniel''s partner return on equity is
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