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Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP. Beginning-year capital balance Annual net
Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP. Beginning-year capital balance Annual net income Cash distribution Ending-year capital balance Hockey LP $ 391,000 45,656 $ 436,656 Football LP $ 1,603,100 935,948 (95,000) $ 2,444,048 Total $ 1,994,100 981,604. (95,000) $ 2,880,704 Compute partner return on equity for each LPand the total) for the year using the above data from Rugged Sports Enterprises LP. Complete this question by entering your answers in the tabs below. Return on Partner Return Equity on Equity Compute partner return on equity for the year using the above data from Rugged Sports Enterprises LP. Return on Equity Choose Numerator: Choose Denominator: Return On Equity Return On Equity Rugged Sports Enterprises LP Return on Equity 1 Partner Return on Equity > Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP. Beginning-year capital balance Annual net income Cash distribution Ending-year capital balance Hockey LP $ 391,000 45,656 $ 436,656 Football LP $ 1,603,100 935,948 (95,000) $ 2,444,048 Total $ 1,994,100 981,604 (95,000) $ 2,880,704 Compute partner return on equity for each LPand the total) for the year using the above data from Rugged Sports Enterprises LP. Complete this question by entering your answers in the tabs below. Return on Equity Partner Return on Equity Compute partner return on equity for each limited partnership (and the total) for the year using the above data from Rugged Sports Enterprises LP. Partner Return on Equity Partners Choose Numerator: 1 Choose Denominator: Partner Return On Equity = Partner Return On Equity Hockey LP Football LP = < Return on Equity Partner Return on Equity
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