Determining partner return on equity

Reference no: EM13143013

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. Daniel's partner return on equity is:

Reference no: EM13143013

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