12

1. L & S have invested$80,000 and $100,000 in a partnership. Ls 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. Ls share of net income was $6,000 .What is L partners return on equity

   7%

   8

   10

   9

0.5 points

Question 13

1. L & S have invested$80,000 and $100,000 in a partnership. Ls 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. Ls share of net income was $6,000 .What is L partners return on equity

   25000

   35000

   45000

   125000