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  #11  
Old 05-02-2012, 09:42 PM
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lifetree lifetree is offline
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Quote:
Originally Posted by wbw View Post
... A truck payment is a fixed cost. You have to make the payment whether you work or not. ...
This is not correct ... the payment is not a fixed cost, however, the depreciation on the truck is !! The useful life of a truck is normally longer than the note to pay off the loan for it.

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  #12  
Old 05-03-2012, 08:32 AM
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wbw wbw is offline
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Just google "definition of fixed cost"
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