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If the Company Had No Capital Asset Additions or Disposals

Question 31

Multiple Choice

If the company had no capital asset additions or disposals in 2017, which of the following rates would be used to translate the company's depreciation expense for the year?


A) US$1 = CDN$0.815
B) US$1 = CDN$0.8175
C) US$1 = CDN$0.825
D) US$1 = CDN$0.83

Correct Answer:

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