Use the diagram to answer each of the following questions.
- Write the expressions for x and y in terms of k.
- Write the expression for w in terms of k.
- Write the expression for z in terms of k.
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Capital expenditure generates future economic benefits, but the Revenue expenditure generates benefit for the current year only. The major difference between the two is that the Capital expenditure is a one-time investment of money. On the contrary, revenue expenditure occurs frequently.
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