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The exchange of a company's common shares for non-cash consideration should be recognized at the _____ value of the goods or services received.

Sagot :

The fair value of the products or services acquired should be recognized when a company's common shares are exchanged for non-cash consideration.

Unless the fair value cannot be accurately determined, the fair value of goods or services received in exchange for a share-based payment is quantified directly. In this scenario, the fair value is calculated using the fair value of the stock instruments given as consideration.

The fair value of an asset or obligation is best determined by observing market pricing for comparable transactions. A fair value is determined by examining what a nearly identical item has previously sold for. Assets are documented at their current worth, not their historical cost, on the day the value is computed.

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