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The case mentions that TCI plans to invest $2.4 million in expansion of which $2 million will be incurred in 1996 and $0 in 1997. Do we just ignore the remaining $0.4 million of capital expenditure?

April 26, 2017Case expansion incurred invest mentions plans TCI

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The case mentions that TCI plans to invest $2.4 million in expansion of which $2 million will be incurred in 1996 and $0 in 1997. Do we just ignore the remaining $0.4 million of capital expenditure?

1 Answer

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Please re-read the passage. If you don’t get it, keep re-reading it until you do.