QS 12-10 Partner return on equity LO A1 Howe and Duley's company is organized as a partnership. At the prior year-end, partnership equity totaled $149,300 ($101,000 from Howe and $48,300 from Duley). For the current year, partnership net income is $25,700 ($19,800 allocated to Howe and $5,900 allocated to Duley), and year-end total partnership equity is $200,400 ($139,000 from Howe and $61,400 from Duley). Compute the total partnership return on equity and the individual partner return on equity ratios. Total Partnership Return on Equity Choose Numerator: Choose Denominator: = Total Partnership Return on Equity Total Partnership Return on Equity / 1 = Individual Partner Return on Equity 1 Choose Denominator: Partners Choose Numerator: = Return on Equity Return on Equity = Howe Duley