Look at the following outlays and identify whether each is normally considered a capital expenditure or an operating expenditure. An outlay of $4,000,000 for a major research and development program An outlay of $3,200 for computer paper and toner. An outlay of $4,000 for a marketing report on possible sales next month. An outlay of $1,750,000 to purchase copyrights from an author

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Look at the following outlays and identify whether each is normally considered a capital expenditure or an operating expenditure.

  1. An outlay of $4,000,000 for a major research and development program
  2. An outlay of $3,200 for computer paper and toner.
  3. An outlay of $4,000 for a marketing report on possible sales next month.
  4. An outlay of $1,750,000 to purchase copyrights from an author
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