Marshall McBride inherited $10,000 from his Great Aunt Martha.He invested $5,000 in a new start-up venture,10^th Generation,Inc. ,and the other $5,000 in Major Chemicals,Inc,a well-known chemical company that's been around for years.Yesterday,he gathered the following information from the financial statements of these companies At this time,Marshall's return on equity is:

Question

Marshall McBride inherited $10,000 from his Great Aunt Martha.He invested $5,000 in a new start-up venture,10<sup>th</sup> Generation,Inc. ,and the other $5,000 in Major Chemicals,Inc,a well-known chemical company that's been around for years.Yesterday,he gathered the following information from the financial statements of these companies At this time,Marshall's return on equity is: A) 16% on the 10<sup>th</sup> Generation,Inc.stock;11% on the Major Chemicals,Inc.stock. B) 8.5% on the 10<sup>th</sup> Generation,Inc stock;10.5% on the Major Chemicals,Inc.stock. C) 2.24% on the 10<sup>th</sup> Generation,Inc stock;2.8% on the Major Chemicals,Inc.stock. D) 4.5% on the 10<sup>th</sup> Generation,Inc.stock;5.60% on the Major Chemicals,Inc.stock.

Quizplus · Accepted Answer

The Answer of Marshall McBride inherited $10,000 from his Great Aunt Martha.He invested $5,000 in a new start-up venture,10^th Generation,Inc. ,and the other $5,000 in Major Chemicals,Inc,a well-known chemical company that's been around for years.Yesterday,he gathered the following information from the financial statements of these companies At this time,Marshall's return on equity is:

Marshall McBride Inherited $10,000 from His Great Aunt Martha