Capital expenditure 0.0 / 5 ? BusinessExpenditureBTEC NationalNone Created by: Joyce MCreated on: 07-11-19 13:04 Non-current assets Intangible i.e. you cant touch them. Goodwill, Patents, Trademarks & Brand name 1 of 9 Capital expenditure Spending on item that will stay in the business for more than a year e.g. machinery. 2 of 9 Revenue expenditure Day to day spending to fund the trading activities of the business e.g. inventory. 3 of 9 Expenditure Money leaving the business 4 of 9 Non-current assets items of value owned by a business that will stay in the business for more than a year. 5 of 9 Goodwill When a business buys the reputation of other established an well recognized business. 6 of 9 Patents When a business pays to protect a unique feature of a product or process to stop it being copied by a third party without permission. 7 of 9 Trademarks When a business pays to protect a unique characteristics of the business that distinguishes it from competitors. 8 of 9 Brand name When a business buys the right to sell a particular brand of product. 9 of 9
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