Answer:
c. capital expenditure
Explanation:
An "asset" is something of value that is being owned by either an individual or a company. "Fixed assets" refer to assets other than cash. Examples of these are: buildings, equipment and land. These are being purchased for the purpose of a long-term objective. It is a "capital expenditure" of a company because the company spent money in order to acquire it and is expecting gains for its long-term purpose.
