A multi-national retailer invests $50 million in capital expenditure to open 5 new stores in different countries.Which of the following is the most likely investment category for this type of project?
A) New investments to increase revenue.
B) New technology to decrease costs.
C) Replacement of old assets as they wear out.
D) The capital investment project does not fit into any of these categories.
Correct Answer:
Verified
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