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Barber and Atkins are partners in an accounting firm and sharenet income and loss equally. Barber's beginning partnership capitalbalance for the current year is $285,000, and Atkins' beginningpartnership capital balance for the current year is $370,000. Thepartnership had net income of $250,000 for the year. Barberwithdrew $90,000 during the year and Atkins withdrew $100,000.
Whatis Atkins's return on equity?
a.41.3%
b.43.9%
c.32.7%
d.33.8%
e.36.5%
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Barber and Atkins are partners in an accounting firm and sharenet income and loss equally. Barber's...
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