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Taking the estimated *capex* for projects in West Africa and comparing it with those in other regions on a $ per boe of reserves, it is clear the region is capital-intensive.
2006-12-25 20:45:18 · 5 answers · asked by danny 1 in Education & Reference ➔ Words & Wordplay
It is a term usually used by accountants and economists
It is short for capital expenditure.
I.e the amount of capital (money) required to start a project.
2006-12-25 20:50:16 · answer #1 · answered by MAJ 4 · 0⤊ 0⤋
Taking the estimated money to acquire or upgrade physical assets, such as buildings and machinery, for projects in West Africa and comparing it with those in other regions on a $ per boe of reserves, it is clear the region is capital-intensive.
2006-12-25 21:23:05 · answer #2 · answered by lindakflowers 6 · 0⤊ 1⤋
The "capex" is the projected dollar spend of capital investment. Usually in Plant and Equipment. Most large companies require "Capex" reports to be submitted before investment is allowed.
2006-12-25 21:03:14 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Capital Expenditure - CAPEX
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.
im not sure
2006-12-25 20:51:55 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I cannot find that word. I suspect that it is an acronym having to do with cost.
2006-12-25 21:20:43 · answer #5 · answered by Max 6 · 0⤊ 1⤋