CAPEX Definition

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CAPEX see CAPITAL EXPENDITURE.

Learn new Accounting Terms

ECONOMIC LIFE is the time period over which an asset(s) may generate economic benefits.

BALANCE SHEET is an itemized statement that lists the total assets and the total liabilities of a given business to portray its net worth at a given moment of time. The amounts shown on a balance sheet are generally the historic cost of items and not their current values.

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