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Describe a fixed expense and give some examples.
Weegy: Fixed expenses are expenses that stay the same no matter the activity level. An example would be your car insurance premium, this expense is the same every month regardless on how much you drive your car. (More)
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Expert Answered
Asked 7/25/2011 3:50:26 PM
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Describe a fixed expense and give some examples.
Weegy: Fixed expenses are expenses that stay the same no matter the activity level. An example would be your car insurance premium, this expense is the same every month regardless on how much you drive your car. User: Becky Swartz gets a new job. She's excited because her gross annual salary will be a lot more than her previous job. She wants to buy a new car and move to a new condominium. What must Swartz do before making these new purchases? (More)
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Updated 7/25/2011 3:58:49 PM
1 Answer/Comment
fixed expenses are defined as expenses that do not change as a function of the activity of a business, within the relevant period. For example, a retailer must pay rent and utility bills irrespective of sales.
Added 7/25/2011 3:58:49 PM
Becky Swartz gets a new job. She's excited because her gross annual salary will be a lot more than her previous job. She wants to buy a new car and move to a new condominium. What must Swartz do before making these new purchases?
Weegy: Becky Swartz must think and decide if she really need it and weigh her options so her money won't be put to waste. (More)
Question
Expert Answered
Asked 7/25/2011 3:52:31 PM
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Describe a fixed expense and give some examples.
Weegy: Fixed expenses are expenses that stay the same no matter the activity level. An example would be your car insurance premium, this expense is the same every month regardless on how much you drive your car. (More)
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Expert Answered
Asked 7/25/2011 3:50:18 PM
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