Carter Pearson Is a Partner in Event Promoters

question 41

Multiple Choice

Carter Pearson is a partner in Event Promoters.His beginning partnership capital balance for the current year is $55,000,and his ending partnership capital balance for the current year is $62,000.His share of this year's partnership income was $6,250.What is his partner return on equity?

• A)5.34%
• B)8.93%
• C)10.08%
• D)11.36%
• E)10.68%

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Definitions:

80s

A decade marked by significant cultural, political, and technological changes, spanning the years 1980 to 1989.

Pessary

A medical device inserted into the vagina to support its structure and help with conditions like pelvic organ prolapse.

Prolapsed Uterus

A condition where the uterus descends from its normal position into or through the vaginal canal due to weakened pelvic floor muscles.

Vagina

The muscular tube leading from the external genitals to the cervix of the uterus in females.