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capital expenditure (CAPEX)

An amount spent to acquire or upgrade productive assets (such as buildings, machinery and equipment, vehicles) in order to increase the capacity or efficiency of a company for more than one accounting period. Also called capital spending.

Your Small Business Turns a Profit. What Now?

Congratulations! Your small business has finally clawed itself out of the red and into the black, and is finally making a profit. Most businesses spend years in the red, and when the finally see ... Read Full Article

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A Statement Made in 1949 About Computers

by Unknown

Where a calculator on the ENIAC is equipped with 18,000 vacuum tubes and weighs 30 tons, computers in the future may have only 1,000 vacuum tubes and perhaps weigh 1.5 tons. (Popular Mechanics article, 1949) ...Read more

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