) Assets that qualify for interest cost capitalization include companys own sed

Question

) Assets that qualify for interest cost capitalization include companys own sed A) assets under construction for a com B) assets not currently being used beclu use and acquired through C) assets that are ready for their inte issuance of long-term debt of excess capacity t when . 10) Goodwill is recorded as an intangible asse A the fair value of a company's assets exceeds carrying value of those assets e fair value of a company's assets is greater than the cost of acquiring that company C) a company's exceptional quality, reputation, or capability enables it to generate exceptional earnings D) one company acquires another company

Explanation / Answer

Assets that qualify for interest cost capitalization includes an asset under construction for a company's own use.

Interest is not capitalized on the assets which are currently not being used and the assets which are readu for use and acquired through debt issuance.

So, correct answer is a.

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