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What is smits partner return on equity during the year

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Reference no: EM131808137

The following information is available regarding Grace Smit's capital account in Enterprise Consulting Group, a general partnership, for a recent year:

Beginning of the year balance $ 48,000 Share of partnership income $ 15,000 Withdrawals made during the year $ 8,600 What is Smit's partner return on equity during the year in question?

Reference no: EM131808137

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