Examlex
The autonomic nervous system is divided into two parts; the ____ nervous system (which prepares the body for emergency action) , and the ____ nervous system (which calms the body) .
Capital Expenditures
Funds used by a company to acquire or upgrade physical assets such as equipment, property, or industrial buildings, to enhance future earnings.
Repairs and Maintenance
Expenditures made to restore or maintain the functionality and efficiency of an asset without extending its useful life significantly.
Net Income
The amount of money a company has earned during a specific period, after all deductions are made.
Ordinary Repairs
Expenses for routine maintenance and repairs that maintain the efficient operation of an asset but do not materially extend its life or increase its value.
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