Use the following information to answer questions
MARCOTTE MASONARY LTD.
Statement of Financial Position
December 31, 2015

-The total dollar amount of assets to be classified as net property, plant, and equipment is
A)$300,000.
B)$250,000.
C)$240,000.
D)$160,000.

Question

Use the following information to answer questions 
MARCOTTE MASONARY LTD.
Statement of Financial Position
December 31, 2015
 
-The total dollar amount of assets to be classified as net property, plant, and equipment is
A)$300,000. 
B)$250,000. 
C)$240,000. 
D)$160,000.

Quizplus · Accepted Answer

The statement of financial position mentions that the total dollar amount of property, plant, and equipment is $250,000, therefore the correct choice is B. The other options are not mentioned in the given information.

Use the Following Information to Answer Questions