THOUGHT FOR THE DAY

Capital

“Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed. ”

- Mohandas Gandhi

TOPIC OF THE DAY

Capital Budgeting

A capital expenditure is an outlay of cash for a project that is expected to produce a cash inflow over a period of time exceeding one year. Examples of projects include investments in property, plant, and equipment, research and development projects, large advertising campaigns, or any other project that requires a capital expenditure and generates a future cash flow.

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