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Today at 10:25 AM
Business

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Interest is eligible to be capitalized as part of an asset's cost, rather than being expensed immediately, when:

Answer :

Today at 10:30 AM

Answer:

The Asset is a Qualifying Asset.

Explanation:

Qualifying Assets take substantial period of time to get ready for its intended use and purpose and that will require capitalizing interest costs or borrowing cost to the asset.

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