• 👁️🫦👁️
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    fedilink
    21 year ago

    And capital expenditure isn’t necessarily an expense in the accounting sense. CapEx comes from previous profit

    • tider06
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      fedilink
      41 year ago

      It’s an asset charged as a fixed expense, depreciated over time. It is an expense, generally property or equipment, but still is an expense, which is defined as money spent in pursuit of revenue, which is determined before profit.