Pilot Company has the following information available for 2016 and 2017:
$\begin{array}{cc}
&2016 & 2017 \
\text { Property, Plant, and }&\$ 4,500,000 & \$ 3,600,000\\text { Equipment }
\end{array}$
If you were performing a trend analysis on this information,you would say that property,plant,and equipment has:
A)decreased by 20%.
B)decreased by 25%.
C)decreased by 11.1%.
D)decreased by 80%.
E)None of the answer choices is correct.

Question

Quizplus · Accepted Answer

The Answer of Pilot Company has the following information available for 2016 and 2017:
$\begin{array}{cc}
&2016 & 2017 \
\text { Property, Plant, and }&\$ 4,500,000 & \$ 3,600,000\\text { Equipment }
\end{array}$
If you were performing a trend analysis on this information,you would say that property,plant,and equipment has:
A)decreased by 20%.
B)decreased by 25%.
C)decreased by 11.1%.
D)decreased by 80%.
E)None of the answer choices is correct.

Pilot Company Has the Following Information Available for 2016 and 2017