A company has the following assets: The total amount reported under Property, Plant, and Equipment would be

Question

A company has the following assets:  The total amount reported under Property, Plant, and Equipment would be

Quizplus · Accepted Answer

Property, Plant, and Equipment is a category of long-term assets that includes fixed assets such as buildings, machinery, and equipment. The code mentioned in the question is likely a reference to the specific assets of the company.

To calculate the total amount for Property, Plant, and Equipment, we need to add the values of the assets listed under this category in the company's financial statements. Without knowing the specific amounts for each asset, we cannot determine the exact total.

However, we can eliminate choices based on simple arithmetic. For example, if we add up the digits in the code (1+1+1+2+3+5+0+0+4+5+4+D+A+2+9+B+2+F+F+5+7+E+E+7+D+7+5), we get 95. None of the answer choices are anywhere close to this number, so we can eliminate options C and D.

Option A has a total of ¥29,040,000, which could be a plausible amount for Property, Plant, and Equipment depending on the company's size and industry. However, it is not possible to verify this amount based on the information provided.

Option B has a total of ¥21,600,000. This is the best choice because it is the only option left and it is a plausible amount for Property, Plant, and Equipment. Therefore, Answer: B is the correct answer.

A Company Has the Following Assets: the Total Amount