There are about 12,000 products in the total IKEA product range. Each store carries a selection of 12000 products depending on store size. The core range is the same worldwide.
Capital expenditure or capital expense (CAPEX) is an expense where the benefit continues over a long period, rather than being exhausted in a short period. Such expenditure is of a non-recurring nature and results in acquisition of permanent assets. It is thus distinct from a recurring expense.
Founder, President at eSSETS. This is the third in a series about accounting principles in the context of facilities management. The first article âAsset & Facilities Management - Costâ discussed the cost principle and the differences between Capital Expenditures (CAPEX) and Operating Expenses (OPEX). A quick review: capital assets include facilities, plant and equipment that provide service and value over multiple years.