Assets that qualify for interest cost capitalization include ________
A) assets under construction for a company's own use
B) assets not currently being used because of excess capacity
C) assets that are ready for their intended use and acquired through issuance of long-term debt
D) All of the above.
Answer: A
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GE operates a company trading site where it posts purchasing needs, invites bids, negotiates terms, and places orders. This is an example of a(n) ________
A) company buying site B) intranet link C) search engine D) trading exchange E) reverse auction
Southeast Wood Products, Inc reports sales of $20,000,000 and inventory of $4,000,000. Southeast's
inventory possesses significant economies of scale. Therefore, if the firm's sales increase by 10%, Southeast's inventory will ________ and if Southeast's sales decrease by 10%, Southeast's inventory will ________. A) decrease by more than 10%; decrease by more than 10% B) increase by more than 10%; decrease by less than 10% C) increase by less than 10%; decrease by less than 10% D) increase by more than 10%; increase by more than 10%