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[–] 31 points 3 years ago (2 children)

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

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  • [–] 2 points 3 years ago (1 child)

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

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  • [–] 4 points 3 years 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.

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