Which of the following would not be considered part of the cost of machinery and equipment? a....
Question:
Which of the following would not be considered part of the cost of machinery and equipment?
a. In-transit insurance costs
b. Delivery charges
c. Installation costs
d. Repairs and maintenance after start-up
Fixed Assets:
The fixed assets are the economic resources of a company that are used for business operations. They are broadly classified into tangible and intangible fixed assets. Fixed assets are subject to depreciation periodically.
Answer and Explanation: 1
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Correct Answer: Option d. Repairs and maintenance after start-up.
Explanation:
| a. In-transit insurance costs | In-transit insurance costs are... |
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Capital Expenditures: Definition, Formula & Examples
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Chapter 1 / Lesson 8
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Understand the definition of capital expenditure. Study the formula and meaning of CapEx, and learn how to calculate capital expenditures using examples.
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