in an excel document

ILLUSTRATION 10-8 Capitalized interes Disclosed in a Note Note 1: Accounting Policies. Capitalized Interest. During 2017, total interest cost was $239,500, of which $120.228 was capitalized and $119,272 was charged to expense. WHAT DO THE NUMBERS MEAN? WHAT'S IN YOUR INTEREST? The requirement to capitalize interest can significantly impact notes to the financial statements. Companies with material financial statements. For example, when earnings of building interest capitalization must disclose the amounts of capitalized manufacturer Jim Walter's Corporation dropped from $1.51 interest relative to total interest costs. For example, Anadarko to $1.17 per share, the company offset 11 cents per share of Petroleum Corporation capitalized nearly 30 percent of its the decline by capitalizing the Interest on coal mining projects total interest costs in a recent year and provided the following and several plants under construction, footnote related to capitalized interest. How do statement users determine the impact of interest capitalization on a company's bottom line? They examine the Financial Footnotes Total interest costs incurred during the year were $82,415,000. Ot this amount, the Company capitalized $24.716,000. Capitalized interest is included as part of the cost of oil and gas properties. The capitalization rates are based on the Company's weighted average cost of borrowings used to frog the expenditures. Special Issues Related to Interest Capitalization Two issues related to interest capitalization merit special attention: 1. Expenditures for land. We've updated our read aloud featurel 2. Interest revenue. Give it a try here