• keeb420
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    -51 year ago

    Profits can go to cover capitol expenditures on your business as well. And there’s nothing wrong with that.

    • tider06
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      311 year ago

      Profit is what’s left of revenue after expenses are covered.

      • 👁️🫦👁️
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        21 year ago

        And capital expenditure isn’t necessarily an expense in the accounting sense. CapEx comes from previous profit

        • tider06
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          41 year ago

          It’s an asset charged as a fixed expense, depreciated over time. It is an expense, generally property or equipment, but still is an expense, which is defined as money spent in pursuit of revenue, which is determined before profit.