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What is a capital expenditure (CAPEX)?

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2015/04/22
Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

An amount spent to acquire or upgrade productive assets (such as buildings, machinery and equipment, vehicles) in order to increase the capacity or efficiency of a company for more than one accounting period.

Elke Woofter
by Elke Woofter , Project Assistant , American Technical Associates

http://en.wikipedia.org/wiki/Capital_expenditure

Capital expenditures (CAPEX or capex) are expenditures altering the future of the business. A capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing fixed asset with a useful life extending beyond the taxable year......

Hanan Al Mallak
by Hanan Al Mallak , HR Manager , Leaders Center

an amount spent by a company to upgrade productive assets such as property, industrial buildings .

Mohamed Moustafa Al Qadi
by Mohamed Moustafa Al Qadi , Senior Accoutant , Saudi Drip Irrigation System Co.

CapEx, are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment. It is often used to undertake new projects or investments by the firm. This type of outlay is also made by companies to maintain or increase the scope of their operations. These expenditures can include everything from repairing a roof to building, to purchasing a piece of a equipment, or building a brand new factory.

souha safir
by souha safir , إدارية , قطاع التربية

.Agree with Vinod Jetley .thanks

Ali Mohamed Ahmed
by Ali Mohamed Ahmed , site engineering , شركة مقاولات

I agree with you'r answer Mr . Vinod ....thank you

MASOOQUE ALI
by MASOOQUE ALI , PAYROLL OFFICER , Arabian Bemco Contracting Co. Ltd

It is expenditures altering the future of the business.

     

SAGHEER AHMED
by SAGHEER AHMED , Operation Manager , Protecta Guard (Pvt) Ltd

Agree with Vinod Jetley  ( Answer ).

Deleted user
by Deleted user

are expenditures altering the future of the business. A capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing fixed asset with a useful life extending beyond the taxable year. >>>>

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

A capital expenditure is an amount spent to acquire or improve a long-term asset such as equipment or buildings. Usually the cost is recorded in an account classified as Property, Plant and Equipment. The cost (except for the cost of land) will then be charged to depreciation expense over the useful life of the asset.

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

All the answers were used to

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