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Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP. Hockey LP $ 381,000 41,210
Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP. Hockey LP $ 381,000 41,210 Beginning-year balance Annual net income Cash distribution Ending-year balance Football LP $1,562,100 844,805 (100,000) $2,306,905 Total $1,943, 100 886,015 (100, 000) $2,729, 115 $ 422,210 Compute partner return on equity for each limited partnership (and 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. 0 Choose Numerator: 1 Choose Denominator: Return On Equity = Return On Equity Rugged Sports Enterprises LP 1 1 Accounts receivable Cost of goods sold Current assets Current liabilities Net income Net loss 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. Partners Choose Numerator: Partner Return on Equity 1 Choose Denominator: 1 Partner Return On Equity Partner Return On Equity / Hockey LP Football LP 11 Accounts receivable Cost of goods sold Current assets Current liabilities Partner net income Partner net loss
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