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发帖数: 142 | 1 Assume the company is constructing an asset which qualifies for interest
capitalization. By
the beginning of July $1,000,000 had been spent on the asset, and an
additional $800,000
was spent during July. The following debt was outstanding for the entire
month.
1. A note payable of $1,500,000, interest of 1.5% per month.
2. Bonds payable of $1,000,000, interest of 1% per month.
Neither the note nor the bonds are specific borrowings related with the
project.
How much is the amount of interest to be capitalized?
A. $18, 200 B. $25,000 C. $37,500 D $14,000 |
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