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  • 14-05-2021
  • Health
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which of the following is total expenditure

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jillianbrude10
jillianbrude10 jillianbrude10
  • 14-05-2021

What is total expenditure?

The sum of the price paid for one or more products or services multiplied by the amount of each item purchased.

Expenditure?

This is the total purchase price of a good or service. For example, a company buys a $10 million piece of equipment that it estimates to have a useful life of 5 years. This would be classified as a $10 million capital expenditure.

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