AlexisSchafer782 AlexisSchafer782
  • 12-08-2020
  • Business
contestada

Interest is eligible to be capitalized as part of an asset's cost, rather than being expensed immediately, when:

Respuesta :

Zviko
Zviko Zviko
  • 14-08-2020

Answer:

The Asset is a Qualifying Asset.

Explanation:

Qualifying Assets take substantial period of time to get ready for its intended use and purpose and that will require capitalizing interest costs or borrowing cost to the asset.

Answer Link

Otras preguntas

Which of the following benefited British exports to America? the absence of a uniform tariff rate the superior quality of British goods the economic recession i
3x over x + 2 = 5 over 9
Help! The Council of Trent did all the following except approve the sale of indulgences reaffirm the authority of the Pope establish seminaries for the training
Which of the following cities is the most centrally located in the Byzantine Empire? Carthage Ravenna Constantinople- this one. Antioch Points earned on this qu
what did spain not explore? Central America South America Caribbean Islands Canada
is |4x+2|+6=0 no solution, all real numbers, 0, and 2
where were the three regions columbus explored?
Which of the following statements about the U.S. and the Soviet Union is untrue? A. Their economic systems were different B. The had the same type of government
Since the Industrial REvolution, belief in power of the free market has been known as _____ in most countries. Select the best answer from the choices provided.
What is an enclosed body of coastal water that is a mixture of salt water and freshwater called?