17. Capital expenditure is
expenditure
abnorma
recurring
O
non recurring
O
wasteful
Answers
Answer: Capital expenditures (CapEx) are funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment. ... This type of financial outlay is made by companies to increase the scope of their operations or add some economic benefit to the operation.
People also ask
Step-by-step explanation:
Qᴜᴇꜱᴛɪᴏɴ :
❥ Capital expenditure is
ᴀɴsᴡᴇʀ :
➩ Capital expenditure or capital expense (capex or CAPEX) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. It is considered a capital expenditure when the asset is newly purchased or when money is used towards extending the useful life of an existing asset, such as repairing the roof.
Hope it held uhh !! ♥