Web Services is organized as a limited partnership, with David White as one of its partners. David's capital account began the year with a balance of $45,000. During the year, David's share of the partnership income was $7,500, and David received $4,000 in distributions from the partnership. What is David's partner return on equity?
A) 7.8%
B) 8.9%
C) 15.4%
D) 16.0%
E) 16.7%

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The Answer of Web Services is organized as a limited partnership, with David White as one of its partners. David's capital account began the year with a balance of $45,000. During the year, David's share of the partnership income was $7,500, and David received $4,000 in distributions from the partnership. What is David's partner return on equity?
A) 7.8%
B) 8.9%
C) 15.4%
D) 16.0%
E) 16.7%

Web Services Is Organized as a Limited Partnership, with David