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.
Further to the above, CAPEX creates or adds basis to the asset or property, which once adjusted, will determine tax liability in the event of sale or transfer. In the US, Internal Revenue Code Â§Â§263 and 263A deal extensively with capitalization requirements and exceptions.