The Business Firm of Tinker,Evers and Chance Had a Level

question 3

Short Answer

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 the firm's net investment?

---

Definitions:

Dealers

Entities that buy products from manufacturers or wholesalers to then sell to consumers or other businesses.

Supply Chain

A coalition of agencies, individuals, methodologies, intelligence, and assets organized to transition a product or service from the supplier to the final user.

Data Analysis

The process of examining, cleaning, transforming, and modeling data to discover useful information, inform conclusions, and support decision-making.

Facilities

Physical buildings and structures that are equipped for a particular purpose, such as production, research, or services.