Question

What of the following are capital expenditures?

Sales
Other Operating Revenue
Salaries
Fringe Benefits
Supplies
Utilities
Insurance
Depreciation
Total Operating Expenses
Operating Income
Total net Fixed Assets

Answer 1

Capital expenditures are expenses that are incurred to acquire or improve a long-term asset, such as property, plant, or equipment.

Out of the list provided, the following are capital expenditures:
- Total net Fixed Assets

The rest of the items are operating expenses, which are expenses incurred in the normal course of business operations.