Flotation costs are amortized using a declining-balance, Ask an Expert

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Flotation costs: are amortized using a declining-balance method over the life of the loan. Are amortized using the straight-line method over the life of the loan. Are deducted as a business expense in the year incurred. Cannot be deducted as a business expense. Are deducted as a business expense at the time the loan is repaid in full.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92818411

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