Design Services Is Organized as a Limited Partnership,with Miko Toori

question 54

Multiple Choice

Design Services is organized as a limited partnership,with Miko Toori as one of its partners.Miko's capital account began the year with a balance of $35,000.During the year,Miko's share of the partnership income was $7,500,and Miko received $4,000 in distributions from the partnership.What is Miko's partner return on equity?

• A)10.2%
• B)22.7%
• C)19.5%
• D)20.4%
• E)21.4%

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