Design Services is organized as a limited partnership, with Miko Toori as one of its partners. Miko's capital account began the year with a balance of $45,500. During the year, Miko's share of the partnership income was $8000, and Miko received $4500 in distributions from the partnership. What is Miko's partner return on equity?
A. 17.6%
B. 9.5%
C. 16.9%
D. 16.3%
E. 9.9%
Answer: C
You might also like to view...
Which of the following is a disadvantage of an over-engineered product?
A) The quality of the product will be low. B) It is less robust for its application. C) It is associated with operational problems. D) The product will have unwanted features.
Research suggests that most of the guests who complain _____.
a. are satisfied with the organization’s efforts to resolve the complaint b. eventually become evangelists on behalf of the organization c. complain again if the problem is not fixed d. are dissatisfied with the organization’s efforts to resolve the complaint
Former First Lady Michelle Obama recorded an ad encouraging parents to teach their children good nutrition habits to stem the increase in child obesity. This message is an example of
A. reminder advertising. B. product-focused advertising. C. a flighting campaign. D. a public service announcement. E. consumer-generated advertising.
________ means allowing employees to make decisions about how service is provided to customers.
A. Quality control B. Authorization C. Standardization D. Empowerment E. Endorsement