Question: Please help! I need at least a paragraph or two on each statement. Pre-tax financial income and taxable income are computed differently. Respond to this

Please help! I need at least a paragraph or two on each statement.

Pre-tax financial income and taxable income are computed differently. Respond to this statement with supporting arguments.

A variable cost changes in total in proportion to changes in the related level of total activity or volume; whereas, fixed cost remains unchanged in total for a given time period despite wide changes in the related level of total activity or volume. Respond to this statement with supporting arguments.

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