The benefits from capital expenditures extend beyond one year's time.

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Capital expenditures, also known as CAPEX, refer to investments made in long-term assets such as property, plant, and equipment. The benefits from these expenditures typically extend beyond the current financial year and can provide a return on investment for several years to come. Examples of such benefits include increased productivity, cost savings, and improved efficiency, which can boost profitability and competitiveness over the long term.

The Benefits from Capital Expenditures Extend Beyond One Year's Time