All of the following are capital investment decisions except
All of the following are capital investment decisions except:
acquiring $580,000 of common stock.
buying a $4,450,000 manufacturing plant.
purchasing equipment for $54,400.
paying $662,000 to renovate a restaurant.
| acquiring $580,000 of common stock. | ||
| buying a $4,450,000 manufacturing plant. | ||
| purchasing equipment for $54,400. | ||
| paying $662,000 to renovate a restaurant. | 
Solution
A. acquiring $580,000 of common stock.
Capital investment decisions are those decisions that involve current outlays (costs) in return for a stream of benefits in future years.

