Question: We put together a common sized income statement and find the following: Sales Sales Year 1 10.000 20% Year 2 5,000 Year 3 40% 20,000

We put together a common sized income statement and find the following: Sales Sales Year 1 10.000 20% Year 2 5,000 Year 3 40% 20,000 Expense Is this expense item more likely a fixed cost or a variable cost? 10%

We put together a common sized income statement and find the following: Is this expense item more likely a fixed cost or a variable cost

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