CAPITAL SPARE Definition

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CAPITAL SPARE is the parts within inventory that are purchased as spare parts for depreciable assets (e.g., capital equipment). As such, the capital spares within inventory are depreciable and should not be treated as normal inventory.

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OTHER INCOME is income from activities that are not undertaken in the ordinary course of an entitys business.

Q as the fifth letter of a Nasdaq stock symbol indicates that the company is in bankruptcy proceedings.

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