The business firm of tinker, evers and chance had a level of inventory of $60 million on january 1, 1908, and ended up the year with an inventory of $70 million on december 31, 1908. the company's expenditures on new plant and equipment for the year was $120 million, while its depreciation on the plant and equipment was $90 million. how much was inventory investment for the year

Tinker, Evers and Chance inventory investment 10 millions

Explanation:

Inventory investment:

Will be the diference in amount betwene the ending and beginning invnetory. It assumes that a company will use the revenue from sale to at least maintan ther inventory.

When the company invest on inventory, it meas it increase their stock of goods.

A company will disinvest if the ending is lower than beginning, because the sales proceeds were not used to purchase inventory.

Ending inventory - beginning inventory = inventory investment

70 - 60 = 10

answer; ///(d) stand out from all of the others;

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!