The cost associated with renovating a warehouse to be used as a restaurant would be considered to be a capital asset.

Name: The cost associated with renovating a warehouse to be used as a restaurant would be considered to be a capital asset.
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Renovating a warehouse to be used as a restaurant would involve significant expenditures that are expected to provide long-term benefits to the business. Therefore, the cost would be considered a capital asset and likely depreciated over time.

The Cost Associated with Renovating a Warehouse to Be Used