Burger Barn is a chain of hamburger restaurants on the West Coast. The corporation plans to expand to the Midwest and then along the East Coast. The acquisition of land and construction of new restaurants represent major capital expenditures.

Question

Quizplus · Accepted Answer

Capital expenditures are major investments in tangible, long-term assets, such as land, buildings, and equipment, as well as intangible assets such as patents, trademarks, and copyrights.

Burger Barn Is a Chain of Hamburger Restaurants on the West