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Which of the following would not be included in the expenditure category called investment expenditures? A . a purchase of a copy machine by FedEx

Which of the following would not be included in the expenditure category called investment expenditures?

.

a purchase of a copy machine by FedEx Office

.

a purchase of shares of preferred stock

.

spending on new houses

.

the cars held in inventory on a local Ford dealer's lot

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