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im having issues solving the second portion of this problem Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners:
im having issues solving the second portion of this problem
Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP Both partners separately operate a minor league hockey team and a semipro football team. 189,000 758,800 $947,880 467,681 50,080)(58,900) s 211,288 $1,153,473 $1,364,681 Balance at 6/30/2016 Annual net income Cash distribution Balance at 6/38/2017 22,288 445,473 -a-st -mas Compute partner return on equity for each limited partnership (and the total) for the year ended June 30, 2017, using the following selected data on partner capital balances from Rugged Sports Enterprises LP Partner Return on Equity | , | Choose Denominator: | | Partner Return on Equity Partners | Choose Numerator: # Average partner equityPartner Return on Equity artner net income 22,208 445,473I Hockey LP s Football LP S Step by Step Solution
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