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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Beecher Metropolitan District. 1057 West Louis Avenue. Flint, Michigan 48505. We have audited the accompanying basic financial statements of the Beecher Metropolitan District. (âDistrictâ) as of and for the years ended June 30, 2008 and June 30, 2007, as listed in the table of. contents. These financial statements are the responsibility of the District's management.