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Value of Human Capital

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I believe expenditures on human capital should be an expense not an asset. The reason I believe this is because assets usually depreciate and human capital only gets better over time, not worse.

Please can you tell me why as expenditures on human capital should be an asset? Explain why.

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Solution Summary

This brief solution explains the importance of human capital and whether or not it should be considered an asset.

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In large regard the rationale is that human capital adds value to ...

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