Carter Pearson is a partner in Event Promoters. His beginning partnership capital balance for the current year is $55,500, and his ending partnership capital balance for the current year is $62,500. His share of this year's partnership income was $5,750. What is his partner return on equity?
a. 9.65%
b. 9.75%
c. 10.87%
d. 9.20%
e. 10.36%
Answers: 1
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