Money spent on business equipment that is expected to last a year or more is called entrepreneur?

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1175101

2026-05-02 17:40

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Money spent on business equipment that is expected to last a year or more is referred to as capital expenditure (CapEx). This type of investment typically involves purchasing assets like machinery, vehicles, or technology that will be used over an extended period to generate revenue. Unlike operating expenses, which are short-term and recurring, capital expenditures are seen as long-term investments in the business's infrastructure.

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