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A company is exchanging its common stock for land in a nonmonetary exchange. This transaction should be valued based upon the fair value of the

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A company is exchanging its common stock for land in a nonmonetary exchange. This transaction should be valued based upon the fair value of the stock O book value of the land O fair value of the stock issued and the land received fair value of the stock issued and the land recerred whichever is more reliable

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