Capital expenditure provides _ benefit .
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Capital expenditures can fund repairs or modifications to existing equipment as long as the changes provide a long-term benefit. In particular, capital expenditures on existing equipment are limited to those that improve a piece of equipment or extend its useful life, according to the Internal Revenue Service.
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it means
making capital expenditure on fixed assets can include repairing a roof, purchasing a piece of equipment , or building a new factory.
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