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Howe and Duley's company is organized as a partnership. At the prior year-end, partnership equity totaled $548,400 (599,000 from Howe and $49,400 from Duley). For

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Howe and Duley's company is organized as a partnership. At the prior year-end, partnership equity totaled $548,400 (599,000 from Howe and $49,400 from Duley). For the current year, partnership net income is $25,500 ($19,400 allocated to Howe and $6100 allocated to Duley), and year-end total partnership equity is $198.600 ($141.000 from Howe and $57600 from Duley) Compute the total partnership return on equity and the individual partner return on equity ratios. Choose Numerator: Net income Total Partnership Return on Equity Choose Denominator: 1 Average equity 1 Total Partnership Return on Equity Total Partnership Return on Equity 0 Partr Choose Numerator Individual Partner Return on Equity 1 Choose Denominator: 1 Return on Equity Return on Equity 0 0 Howe Duley 1

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