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you want to track investment in inventory. recently, your company had $96 invested in inventory, and total assets of $1866. what percentage of its assets does it have invested in inventory? enter your answer as a number between 0 and 100, carry it to two decimal places, and don't type in the % sign. for example, if you calculate 12.34% as your percentage, make sure to enter 12.34. do not enter 0.1234.

Respuesta :

You want to track investment in inventory. recently, your company had $96 invested in inventory, and total assets of $1866.  5.14 percentage of its assets it have invested in inventory.

What is investment?

Making an investment entails using money now in the hopes that it will appreciate later. An investment is putting capital to use, such as time, money, effort, etc., with the hope of receiving a larger return than what was initially invested.

Why is investing crucial?

Investing is a successful approach to use your money and possibly increase your fortune. Your money may grow in value and outpace inflation if you make wise investment decisions. The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential.

To know more about investment, click here- brainly.com/question/27717275

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