FIXED COSTS
Topic 2 DQ 2
Please, help me with this question:
Discuss why most fixed costs sooner or later become variable.
Answer preview
According to Borenstein (2016), companies have different types of costs associated with the kind business operation they engage in. Such costs are broken down into direct, indirect, and capital costs, which are represented in the company’s income statement and as long term or short term liabilities in the statement of the financial position…
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