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Which of the following statement is INCORRECT? a) Net property, plant and equipments typically grow with sales ( or percent of sales) as it is a fixed asset item b) Changes in total equity could be negative even you have added more retained earnings this year c) Accumulative retained earnings updates/changes every year d) Accumulative depreciation updates/changes every year.

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Which of the following statement is INCORRECT? a) Net property, plant and equipments typically grow with sales ( or percent of sales) as it is a fixed asset item b) Changes in total equity could be negative even you have added more retained earnings this year c) Accumulative retained earnings updates/changes every year d) Accumulative depreciation updates/changes every year

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