Which of the following would be considered a capital expenditure?

Name: Which of the following would be considered a capital expenditure?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Capital expenditures refer to funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment. Replacing a defective piece of equipment falls under this category as it involves upgrading or maintaining the company's physical assets to ensure operational efficiency.

Which of the Following Would Be Considered a Capital Expenditure