Does it make sense to you that the cost of interest incurred to finance the construction of

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Does it make sense to you that the cost of interest incurred to finance the construction of assets is included as part of the cost of the asset? Why or why not?

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Question Posted: Jun 22, 2012 06:47 AM

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Does it make sense to you that the cost of interest incurred to finance the construction of

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Interest is the cost of renting money It is a period co...View the full answer

Financial Accounting Information For Decisions

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