Long-term assets are the term capital mean in the context of making capital expenditure decisions
Funds used by a business to purchase, improve, and maintain tangible assets including land, buildings, machinery, plants, and other property are known as capital expenditures. Capital expenditures is frequently utilized by businesses to launch new initiatives or investments. Repairing a roof (if it extends the usable life of the roof), buying equipment, or constructing a new factory are all examples of capital expenditures on fixed assets. These kinds of financial investments are made by businesses to broaden the scope of their activities or to provide some potential economic benefit.
Capital expenditures are payments made for products or services that are recorded or capitalized on a business's balance sheet as opposed to being deducted from earnings.
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Alcorn was the author of the bill creating the levee board and served as its first president. As a member of the Whig Party, Alcorn opposed secession in 1861 but like most other Mississippi Whigs, he served in the Confederate Army and supported the Confederacy.
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Its function is to take action to combat corruption and prevent criminal activities arising from corruption