Fixed Costs
Fixed cost is an expenses that remain constant regardless of production volume or sales activity. Examples include rent, salaries, insurance, and depreciation. Fixed costs are incurred even if the business produces nothing, making them important in break-even and profitability analysis.
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Finance Charge
The total cost incurred for borrowing money or using credit. It includes interest, service fees, and other related costs. In…
Fixed Deposit
A financial instrument offered by banks where a sum of money is invested for a fixed term at a predetermined…
Foreign Exchange Gain or Loss
The financial impact resulting from changes in currency exchange rates during international transactions. When exchange rates fluctuate between the transaction…
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