What expenditures would have been capitalized versus expensed in converting a church building to Bell Tower Brewing Co.? The owners of Bell Tower Brewing Co. in Kent, Ohio, purchased a 150-year-old church a few years ago. Over a three-year period, they converted the church building into a two-story, 9,000-square foot brewery. Pews from the church […]
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Tag Archives: expense
How will Chipotle recognize the costs of Chippy, its tortilla-chip-making robot?
April 5, 2022 
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Chipotle is currently testing Chippy, a robot that makes tortilla chips. Chippy makes the chips less than perfect so that they appear to be made by a human. Customers are used to finding a chip with a little more salt or a little extra lime, so Chippy is making those subtle variations in the chips. […]
Continue readingWill the costs of converting UPS trucks from diesel to electric be capitalized or expensed?
March 20, 2018 0 Comments
UPS is working with the New York State Energy Research and Development Authority to develop new technology that will allow UPS to convert its diesel-fueled delivery trucks to electric-fueled. UPS hopes to have a working model of the converted delivery truck ready sometime in 2018. The plan is to convert 1,500 of the company’s delivery […]
Continue readingWhat costs at LimeBike, the bike sharing service, would be capitalized versus expensed?
March 28, 2017 0 Comments
LimeBike is a start-up founded in 2017 located in San Mateo, California. Its mission is to make shared bicycles accessible and affordable. The company has taken the basic idea of shared bicycles and eliminated the need to return the bike to a docking station, which may not be near the cyclist’s destination. LimeBike charges $1 […]
Continue readingFor a Zume Pizza delivery truck that uses a combination of robots, AI, and GPS in pizza preparation and delivery, what will be capitalized versus expensed?
March 7, 2017 0 Comments
Zume Pizza uses a combination of robots, artificial intelligence (AI), and GPS in its food trucks to deliver pizzas to customers’ houses just as the pizza is finished baking. The process starts with a customer using Zume Pizza’s app to order pizza. The pizza combinations offered by Zume have been derived by analyzing customer data […]
Continue readingWould the cost of the football field constructed on Bristol Motor Speedway for the UT vs VT game be capitalized or expensed?
September 13, 2016 2 Comments
On September 10, 2016, a football game was played on Bristol Motor Speedway. The game was the University of Tennessee (UT) versus Virginia Tech (VT.) Bristol Motor Speedway hosts NASCAR races. About ten years ago, a plan began to come together to host the UT vs. VT game at the track, since it is located […]
Continue readingWould the costs related to Cedar Point’s Valravn roller coaster be expensed or capitalized?
August 30, 2016 0 Comments
Cedar Point is an amusement park in Ohio and has 18 roller coasters. In 2016, Cedar Point added the Valravn roller coaster. Valravn has a height of 223 feet and a top speed of 75 miles per hour. It has a 4-second pause at the top of its first hill and then it plunges down […]
Continue readingWould Hyundai Motor capitalize or expense the major expenditures it plans for 2015?
March 3, 2015 0 Comments
In January 2015, Hyundai Motor Group (KRX), headquartered in Seoul, South Korea, announced plans to spend over $74 billion in the next four years. This spending plan is in response to pressure from the South Korean government to stop hoarding cash and instead use the cash to make investments and to hire more workers. Hyundai […]
Continue readingWhich costs will be capitalized by United related to its 23,000 iPhone 6 Plus handsets for flight attendants?
January 9, 2015 0 Comments
In 2015, United Continental Holdings, Inc., (UAL), will be purchasing 23,000 iPhone 6 Plus handsets for its flight attendants to use in-flight for retail transactions. The phones will also be used for email, United’s internal network, and various policies and procedures manuals. Beyond the cost of the iPhone 6 Plus handsets, United will have to […]
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Accounting in the Headlines 