A $60,000 outlay for a new machine with a usable life of 15 years is called
A) capital expenditure.
B) replacement expenditure.
C) operating expenditure.
D) none of the above.

Question

Quizplus · Accepted Answer

A $60,000 outlay for a new machine with a usable life of 15 years is a capital expenditure, as it is an investment in a long-term asset that will generate future financial benefits.

A $60,000 Outlay for a New Machine with a Usable