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Question 16 assistance received from a government in the form of transfers of resources to a company in return for past or future compliance with

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Question 16 assistance received from a government in the form of transfers of resources to a company in return for past or future compliance with certain conditions Not yet answered Marked out of 1.00 P Flag question Select one: a. Government Grant b. monitoring assets C. cost subsequent d. Non-monitoring assets Question 17 Which of the following non-monetary exchange transactions has commercial substance? Not yet answered Marked out of 1.00 a. Flag question Select one: Exchange of assets with a difference in future cash flows. b. Exchange of an equivalent interest in similar productive assets that causes the companies involved to remain in essentially the same economic position. c. Exchange of products by companies in the same line of business with no difference in future cash flows. d. Exchange of assets with no difference in future cash flows. Question 18 Not yet Solar Products purchased a computer for $13,000 on July 1, 2015. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is $1,000. Depreciation for 2016 is answered Marked out of 1.00 P Flag question Select one: a. $6,500 b. $4,875 C. $3,250 d. $3,000

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