Calculate the arithmetic average of the following returns. Year Return
1 -0.17 2 0.1 3 0.24 4 0.18 5 0.09
Enter the answer with 4 decimals, e. g. 0.1234.

Which of the following statements is incorrect? select one: a. personal creditors have first claim on partnership assets.b. partnerships are subject to dual taxation.c. no law requires partners to create a written partnership agreement, but it's smart to do so.d. partnership has limited life and unlimited liability.