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what is a fixed expense
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Sagot :

Answer:

A fixed expense is an expense that has a constant total expense value (the total amount of the fixed expense) that remains the same (does not change) when there is a change in the number being managed, manufactured, or sold

Examples of fixed  expense includes; depreciation of assets, salaries of workers, payment for rental lease, and some utility payment, such as road users toll fees payment at a toll gate

Explanation: