Which of the following represents a capital expenditure?
A) issuing paychecks to workers
B) paying for advertising on a local radio station
C) purchasing raw materials to be used in the production of a firm's product
D) purchasing a building to be used for office space

Question

Quizplus · Accepted Answer

Capital expenditures are major investments in long-term assets such as land, buildings, and equipment; or intangible assets such as patents.

Which of the Following Represents a Capital Expenditure