The environmental conditions that create hydric soils (water remaining at or near the soil surface for extended time periods during the growing season) also favor the formation of many types of wetlands. Wetlands play important roles in the environment, some of which we have only begun to understand and appreciate.
SG&A (alternately SGA or SAG) is an initialism used in accounting to refer to Selling, General and Administrative Expenses, which is a major non-production cost presented in an income statement. SGA expenses consist of the combined costs of operating the company, which breaks down to:
An operating expense (OPEX) is an expense required for the day-to-day functioning of a business. In contrast, a capital expense (CAPEX) is an expense that a business incurs to create a benefit in the future. OPEX and CAPEX are treated quite differently for accounting and tax purposes.