c. Assets financed through the issuance of long-term debt.
d. Assets not currently undergoing the activities necessary to prepare them for their intended use.
34. Assets that qualify for interest cost capitalization include
a. assets under construction for a company ' s own use.
b. assets that are ready for their intended use in the earnings of the company.
c. assets that are not currently being used because of excess capacity.
d. All of these assets qualify for interest cost capitalization.
35. When computing the amount of interest cost to be capitalized, the concept of " avoidable interest " refers to
a. the total interest cost actually incurred.
b. a cost of capital charge for stockholders ' equity.