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2) When a company exchanges nonmonetary assets and a loss results, the company recognizes the loss: a. a. only if the machine has a fair
2) When a company exchanges nonmonetary assets and a loss results, the company recognizes the loss:
| a. | a. only if the machine has a fair value >80%
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| b. | b. never
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| c. | c. immediately
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| d. | d. if the exchange is non-perishable |
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