Capital Expenditures (CapEx) Definition | Finance Strategists | Your Online Finance Dictionary
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Capital Expenditures (CapEx) Definition | Finance Strategists | Your Online Finance Dictionary
Any funds spent on acquiring new assets or upgrading old ones to improve performance are capital expenses, or CapEx. For accounting purposes, any expense that either adds new physical assets to a company or extends the life of an existing physical asset by more than one year is recorded as a capital expenditure. _______________________ 0:00 ...
36.6K viewsOct 23, 2020
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