what is capex
Answers were Sorted based on User's Feedback
Answer / swadhin patra
the expenditure which is incurred in the purpose of long
term advantagious of the firm or money spent to acquire
fixed assets such as land building or machinary
Is This Answer Correct ? | 42 Yes | 1 No |
Answer / krishnaveni
the cost of permanent asset is called capital expenditure
it is useful for more than one year of the firm and business
that is called capital expenditure
Ex;-land building plant and machinery
Is This Answer Correct ? | 9 Yes | 1 No |
Answer / aravind
Capital expenditures (CAPEX or capex) are expenditures
creating future benefits. A capital expenditure is incurred
when a business spends money either to buy fixed assets or
to add to the value of an existing fixed asset with a
useful life that extends beyond the taxable year.
Is This Answer Correct ? | 7 Yes | 0 No |
the cost of permanent asset is called capital expenditure
it is useful for more than one year of the firm and business
that is called capital expenditure
Ex;-land building plant and machinery
Is This Answer Correct ? | 2 Yes | 1 No |
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