<span>The one that describes a developing nation is A, a command economy with a low human development index. The developing country or also known as the industrialized nation is a sovereign express that has an exceptionally created economy and progressed innovative foundation with respect to different less industrialized countries.</span>
Answer:
The answer is given below;
Explanation:
Sales $1,208,000
Less:Cost of goods sold ($731,100)
Gross Profit $476,900
Less:Selling and Admin Expenses ($336,800)
Net Profit $140,100
Add:Unrealized holding gain $24,300
Comprehensive Income $164,400
Answer:
c. Are the excess of the book value over the cash proceeds.
Explanation:
The property, plant, and equipment are classified as the fixed assets which are reported in the asset side of the balance sheet
If the cash sales of property, plant, and equipment are sold more than the book value then it would be the gain.
But if the cash sales of property, plant, and equipment is sold less than the book value than it would be the loss to the company.
