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%

Question

Quizplus · Accepted Answer

The Answer of 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%

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