A: Capital expenditures (CAPEX) and operating expenses (OPEX) represent two basic categories of business expenses. They differ in the nature of the expenses and in their respective treatments for tax purposes. Capital expenditures are the funds that a business uses to purchase major physical goods or services to expand the company's abilities to generate profits.
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California's 43rd congressional district is a congressional district in the U.S. state of California that is represented by Democrat Maxine Waters. The district is centered in South Los Angeles County and includes portions of the Cities of Los Angeles, Carson, and Torrance. It includes the entirety of the cities of Hawthorne, Lawndale, Gardena, Inglewood and Lomita. From 2003 until 2013, the 43rd district was based in San Bernardino County. The Hispanic-majority district encompassed the southwes