Table 18-11 Alpha Products
The following data on Alpha Products, Inc. is available.

-Refer to Table 18-11.What was the percent increase or decrease in net property,plant and equipment from 2016 to 2017?
A) 12.2% decrease
B) 12.2% increase
C) 13.8% increase
D) 13.8% decrease

Question

Table 18-11 Alpha Products
The following data on Alpha Products, Inc. is available.
 
-Refer to Table 18-11.What was the percent increase or decrease in net property,plant and equipment from 2016 to 2017?
A) 12.2% decrease 
B) 12.2% increase 
C) 13.8% increase 
D) 13.8% decrease

Quizplus · Accepted Answer

A) Calculations: ($710,500 - $808,800)/$808,800 = 12.2% decrease