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.
BREAKING DOWN 'Capital Expenditure (CAPEX)'. In terms of accounting, an expense is considered to be a capital expenditure when the asset is a newly purchased capital asset or an investment that improves the useful life of an existing capital asset. capital expenditure (CAPEX) is the expenditure of funds or assumption of a liability in order to obtain physical assets ...