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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