Question: City Software Company develops a new forecasting software. It sells the software to Microsoft in exchange for 2,000 shares of Microsoft common stock. City Software
City Software Company develops a new forecasting software. It sells the software to Microsoft in exchange for 2,000 shares of Microsoft common stock. City Software has exchanged a _____ asset for a _____ asset in this transaction.
A. real; real
B. financial; financial
C. real; financial
D. financial; real
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