Use the following information to answer the given question \(\begin{array}{c|c} & Le\\ \hline \text{Construction and hospital wards} & 300,000\\ \text{purchase of hospital beds} & 40,000 \\ \text{salaries and wages}& 80,000\\ \text{Purchase of drugs} & 55,000\\ \text{purchases of x-ray machine} & 150,000\end{array}\) Capital expenditure for the year was
A. Le 545,000 B. Le 490,000 C. Le 450,000 D. Le 300,000
Correct Answer: B
Explanation
capital expenditures; money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment. 300,000 + 40,000 + 150,000 = 490,000
