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Instances should they capitalize interest

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Reference no: EM133342171

Question: Taylor Bros., Inc. has a variety of notes payable on which the pay interest. In which of the following instances should they capitalize interest? assets that are ready for use. inventories that are produced in large quantities on a repetitive basis. assets constructed for the firm's own use. assets that are not being used in the earning activities of the company.

Reference no: EM133342171

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