Ask Question
BusinessBusiness
8 April, 10:48

Which of the following expenses is a fixed expense?

electricity

gym membership

groceries

entertainment

+1
Answers (1)
  1. 8 April, 11:20
    0
    Gym Membership

    Explanation:

    Expenses for electricity, groceries, and entertainment can all fluctuate based on how utilized they are. However, a gym memberships is established at a certain price regardless of how often it is taken advantage of. For example, an avid weightlifter who works out everyday and a busy college student who goes once a week would pay the same price for the membership.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following expenses is a fixed expense? electricity gym membership groceries entertainment ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
As of June 30, 2018, the bank statement showed an ending balance of $16,216. The unadjusted Cash account balance was $15,119. The following information is available: Deposit in transit, $2,175.
Answers (2)
La Jolla Beverage Products is considering producing a wine cooler that would be a blend of a white wine, a rose wine, and fruit juice.
Answers (1)
The following information relates to Swifty Corporation for the year 2022. Retained earnings, January 1, 2022 $36,480 Advertising expense $1,370 Dividends during 2022 3,800 Rent expense 7,900 Service revenue 47,500 Utilities expense 2,360 Salaries
Answers (1)
What is the definition of nursery operation
Answers (1)
Businesses using the allowance method for the recognition of uncollectible accounts expense commonly experience four accounting events. (1) Recognition of revenue on account. (2) Collection of cash from accounts receivable.
Answers (1)
New Questions in Business
Name a investment product offered by a bank
Answers (1)
One advantage of using your debit card is: Select one: a. You don't have to subtract it from your checking account balance b. It is safer than carrying cash c. You can spend as much as you want d.
Answers (2)
When you are driving slower than other traffic on a multi-lane highway, you must use
Answers (2)
A company has beginning inventory of 44 units at a cost of $12.00 each on October 1. On October 5, it purchases 28 units at $13.00 per unit. On October 12 it purchases 38 units at $14.00 per unit. On October 15, it sells 84 units.
Answers (1)
Unitech has the following inventory information. July 1 Beginning Inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $22 220 $2,000 A physical count of merchandise inventory on July 31 reveals that there are
Answers (1)
Home » Business » Which of the following expenses is a fixed expense? electricity gym membership groceries entertainment
Sign Up Forgot Password?