Business, 04.12.2019 07:31 Juliianatafur22

In january of 20x1, the falwell company began construction of its own manufacturing facility. during 20x1, $6,000,000 in costs were incurred evenly throughout the year. falwell took out a $2,500,000, 10% construction loan at the beginning of the year. the company had no other interest-bearing debt. what amount of interest should falwell capitalize in 20x1?

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In january of 20x1, the falwell company began construction of its own manufacturing facility. during...