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Classify each of the following expenditures as capital expenditure (CE)or revenue expenditure (RE).
1.________ Repair of transmission or engine
2.________ Sales tax paid on the purchase price
3.________ Training of personnel for initial operation of machinery
4,________ Modification for new use
Standard Deviation
A statistical measure that represents the dispersion or spread of a dataset relative to its mean, indicating how spread out the data points are.
Variance
A measure of the dispersion of a set of data points around their mean; conceptually, it's the average of the squared differences from the Mean.
Cash Flows
The total amount of money being transferred into and out of a business, determining its operating, investing, and financing activities' liquidity.
Common Stock
A type of equity security that represents ownership in a corporation, giving shareholders voting rights and a share of the company's profits through dividends.
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