In business, the term operating expense (OPEX) appears in budgeting and spending, but also as an Income statement term in financial accounting. In brief, operating expenses include most expenditures for operating the firm's normal line of business, which are not capital spending. Operating expenses do not result in capital assets.
At the state level, the percentage of the under-65 population who were either uninsured or underinsured ranged from 14 percent in Massachusetts to 36 percent to 38 percent in the five highest-rate statesâIdaho, Florida, Nevada, New Mexico and Texas.
Auto liability insurance is compulsory in the District of Columbia and all states except New Hampshire. (See THE TOPIC.) The percentage of uninsured motorists nationwide was 12.6 percent in 2012, the latest year available.