In using the capitalization process, which of the following cannot be deducted to determine the net income?
A: A management fee;
B: Maintenance expense;
C: Mortgage interest;
D: Vacancies.
Answer: C: Mortgage interest;
Business
You might also like to view...
For inventories, market value generally means the current replacement cost
Indicate whether the statement is true or false
Business
Online customers may feel left in a vacuum if the company does not communicate efficiently, clearly, and in a timely manner
Indicate whether the statement is true or false
Business