QS 12-14 (Algo) Partner return on equity LO A1 Howe and Duley's company is organized as a partnership. At the prior year-end, partnership equity totaled $150,200 ($98,100 from Howe and $52,100 from Duley). For the current year, partnership net income is $24,400 ($19,900 allocated to Howe and $4,500 allocated to Duley), and year-end total partnership equity is $200,700 ($140,700 from Howe and $60,000 from Duley). Compute the total partnership return on equity and the individual partner return on equity ratios. Total Partnership Return on Equity 1 Choose Denominator: Choose Numerator Total Partnership Return on Equity Total Partnership Return on Equity / Partners Choose Numerator: Individual Partner Return on Equity + Choose Denominator: 1 Return on Equity Return on Equity 1 Howe Duley