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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
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
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