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What is L partners return on equity

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1. L & S have invested $80,000 and $100,000 in a partnership. L's beginning capital investment is $80,000 and S initial capital investment is $100,000. Their ending capital balances were $85,000 and $105,000 respectively. L's share of net income was $6,000. What is L partners return on equity?

7%

8

10

9

2. L & S have invested $80,000 and $100,000 in a partnership. L's beginning capital investment is $80,000 and S initial capital investment is $100,000. Their ending capital balances were $85,000 and $105,000 respectively. L's share of net income was $6,000 . What is L partners return on equity?

25000

35000

45000

125000

Reference no: EM132059853

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