What is your interpretaion when a company has an increase in the land, plant and equipment from 2018 to 2019?

Accounting Jan 13, 2021

Expert Solution

When a company has an increase in the land, it certainly means that the company has expanded its operations eg. to new geographical locations.

When there is an increase in the value of plant and equipment, it can mean that the company has increased the production, upgraded the machinery with new technology, or the business expansion as a whole.

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