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Which of the following is a FALSE statement regarding capital expenditures?

partygirl4u59

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Which of the following is a FALSE statement regarding capital expenditures?

Which of the following is a FALSE statement regarding capital expenditures?

▸ They are a firm's investments in long-lived assets.

▸ They determine a company's future direction.

▸ They usually involve large amounts of money and the decisions are frequently recoverable.

▸ They may be tangible assets or intangible assets.

Textbook

Corporate Finance

Corporate Finance

Edition: 5^th

Author: Booth

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shanej399

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