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a)Critically discuss the following: (i)Capital expenditures refer to funds that are used by a company for the purchase, improvement or maintenance of long term assets

a)Critically discuss the following:

(i)Capital expenditures refer to funds that are used by a company for the purchase, improvement or maintenance of long term assets to improve the efficiency or capacity of the company; and.

(ii)Decisions on how much to invest on capital expenditure can be extremely vital in an organization.

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