Ever wondered what the difference between Operating Expense and Capital Expense and how it affects the company books? The video explains it in plain terms.
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So basically capex is a hard permanent asset that is depreciable as opposed to consumables and utilities.
For example hiring an excavator is opex as opposed to buying the excavator is capex
Thanks Cisco!!!
Thank you for clarifying the difference between CApex and Opex now am clear.
thank you! Simple video and good information.