QS 12-10 Partner return on equity LO A1 Howe and Duley's company is organized as a partnership. At the prior year-end, partnership equity totaled $148,900 ($99,300 from Howe and $49,600 from Duley). For the current year, partnership net income is $25,800 ($19,500 allocated to Howe and $6,300 allocated to Duley), and year-end total partnership equity is $199,900 ($140,400 from Howe and $59,500 from Duley). Compute the total partnership return on equity and the individual partner return on equity ratios. Total Partnership Return on Equity Choose Numerator: 1 Choose Denominator: = Total Partnership Return on Equity Total Partnership Return on Equity 1 Individual Partner Return on Equity Partners Choose Numerator: 1 Choose Denominator: Return on Equity Return on Equity Howe Duley