Capital Investment | My Assignment Tutor
LO3: Week 5Capital Investment• Several companies spend money from time to time for fixed assets• Spending money on fixed assets is called capital expenditureReasons for capital expenditure• Maintenance: Spending on new fixed assets to replace worn-outassets or out-dated assets of spending on existing assets to improvesafety• Profitability: Spending on fixed assets to improve profitability ofexisting … Read more