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The following information is available regarding Grace Smit's capital account in Enterprise Consulting Group, a general partnership, for a recent year. Beginning of the year

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The following information is available regarding Grace Smit's capital account in Enterprise Consulting Group, a general partnership, for a recent year. Beginning of the year balance Share of partnership income Withdrawals made during the year $58,000 $17,500 $ 9,600 What is Smit's partner return on equity during the year in question? Multiple Choice 13.6% 12 % 28.2%

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