Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey...

 

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Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP. Beginning-year capital balance Annual net income Cash distribution Ending-year capital balance Hockey LP $ 339,000 35,850 $ 374,850 Football LP $ 1,389,900 734,925 (150,000) $ 1,974,825 Total $ 1,728,900 770,775 (150,000) $ 2,349,675 Compute partner return on equity for each LPand 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. Rugged Sports Enterprises LP Return on Equity Choose Numerator: Choose Denominator: = Return On Equity = Return On Equity = Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP. Beginning-year capital balance Annual net income Cash distribution Ending-year capital balance Hockey LP $ 339,000 35,850 $ 374,850 Football LP $ 1,389,900 734,925 (150,000) $ 1,974,825 Total $ 1,728,900 770,775 (150,000) $ 2,349,675 Compute partner return on equity for each LPand 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. Rugged Sports Enterprises LP Return on Equity Choose Numerator: Choose Denominator: = Return On Equity = Return On Equity =