A capital expenditure is the use of funds by a company to acquire physical assets to improve its value or increase its long-term productivity. Also known as capital expenses or CapEx, capital ...

As a business owner, you incur costs as a regular part of your company's daily operations. This includes maintenance or usage costs on equipment and machinery. However, you also incur costs to acquire ...

All real estate—whether a multitenant building, warehouse or office—needs regular upkeep to keep things in good operating condition. Most of the time, routine maintenance is sufficient, but once in a ...

Over time, the value of a company's capital assets decline. This is a normal phenomenon driven by wear and tear, obsolescence, and other factors. This depreciation in the asset's value must be ...

Working capital is the difference between current assets and current liabilities. Prepaid expenses are costs that have already been paid by a company but the service or product exchange has yet to ...

ORCHARD PARK, N.Y. (WIVB) – Preliminary site work was taking place in the area where the Buffalo Bills plan to build a brand new stadium on Monday. A crew from the architecture and surveying firm Foit ...

Meta raised the low bound of its outlook for 2024 capital spending when it posted results on Wednesday afternoon. The new forecast calls for $37 billion to $40 billion in capital spending. The company ...

The following general ledger/commitment items are used to record expenses as category 2 and 3 of the Statement of Financial Activity (SoFA) report. The categories are outlined alphabetically. Each ...

The fixed asset custodian plays an important role in maintaining the accuracy of the data contained within the University's fixed asset system. The Office of the Comptroller relies on the custodians ...