As the Toronto-based Four Seasons hotel chain remodels an existing hotel in Mumbai to bring it to the five-star hotel's exacting standards, it is building a magnificent revolving restaurant overlooking the Arabian Sea. The restaurant structure is an example of which of the following?

Question

Quizplus · Accepted Answer

The construction of the revolving restaurant is a long-term investment in the hotel's infrastructure that is expected to generate revenue and add value over time. Therefore, it is a capital expenditure.

As the Toronto-Based Four Seasons Hotel Chain Remodels an Existing