Financial statement impact capitalizing interest: J&J 2007
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On page 490-492 read the "Real Report 10-1 Disclosures of Depreciable Assets" and choose one question from page 491-492 to answer.
If Johnson & Johnson had not capitalized interest in 2007, how would its financial statements be different?
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Solution Summary
Your tutorial explains in a few clear sentences how the interest that is capitalized impacts assets, equity, expenses and profits.
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1. If Johnson & Johnson had not capitalized interest in 2007, how would its financial statements be different?
If J&J had not capitalized interest, ...
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