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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

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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. Hockey LP Football LP Total Balance at 6/30/2016 $349,000 $1,430,980 $1,779,900 Annual net income 35,836 734,638 779,474 Cash distribution (85,000) (85,000) Balance at 6/30/2017 $384,836 $2,080,538 $2,465, 374 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. Retum on Equity Choose Numerator: Choose Denominator Return On Equity Return On Equity Rugged Sports Enterprises LP - Choose Numerator Paris Return on quity Choose Donato 1 Partner Return On Equity Partner Return On Equity Hockey UP

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