what is capital expenditure?
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=> Money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment is called the capital expenditure
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Capital expenditures, commonly known as CapEx, are funds used by a company to acquire, upgrade, and maintain physical assets such as property, buildings, an industrial plant, technology, or equipment. ... This type of financial outlay is also made by companies to maintain or increase the scope of their operations.
Examples of capital expenditures are as follows:-
- Buildings (including subsequent costs that
- extend the useful life of a building)
- Computer equipment.
- Office equipment.
- Furniture and fixtures.
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