White Palace operates a chain of restaurants specializing in hamburgers. The corporation plans to expand to new communities. The acquisition of land and construction of new restaurants represent major capital expenditures.

Question

Quizplus · Accepted Answer

The statement mentions that White Palace plans to expand to new communities, which would require acquiring land and constructing new restaurants. These are both major capital expenditures, indicating that the statement is true.

White Palace Operates a Chain of Restaurants Specializing in Hamburgers