MCQs > Finance & Management > Generally Accepted Accounting Principles (GAAP) > What interest rate would be used to calculate interest capitalization if there is no specific loan associated with the asset except just the overall company debt?

Generally Accepted Accounting Principles (GAAP) MCQs

What interest rate would be used to calculate interest capitalization if there is no specific loan associated with the asset except just the overall company debt?

Answer

Correct Answer: A weighted rate based on the amounts of loans and rates carried by the company

Explanation:

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Your Skill Level: Poor

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