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Business, 07.06.2020 05:00 tdahna0403

6. On 3/1/19, Kepple Inc. borrowed funds on a 12%, two-year note, to finance the construction of a new warehouse which qualifies for interest capitalization. Construction on the project began on 4/1/19 and was completed on 11/1/19. Kepple has a calendar year-end. Rounded to the nearest whole month, over how many total months in 2019 should interest be capitalized under the current interest capitalization rules?

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6. On 3/1/19, Kepple Inc. borrowed funds on a 12%, two-year note, to finance the construction of a n...
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