Rupert fish sells average fish for $ 12.00 which it purchases from various individuals for $5.00...

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Rupert fish sells average fish for $ 12.00 which it purchases from various individuals for $5.00 each. Rupert fish has to pay $ 1,000.00 for rent every month, utilities of $ $500.00 and salary of $ 12,000 every month. The income tax rate is 10%. (10 marks) fish does Rupert fish need to sell to breakeven per month? How many How many fish does Rupert fish needs to sell to get operating income of $ 5,000 How much fish does Rupert fish needs to sell to get after tax net income of $ 4,900. Assume tax rate as 11% i. ii. iii. Rupert fish sells average fish for $ 12.00 which it purchases from various individuals for $5.00 each. Rupert fish has to pay $ 1,000.00 for rent every month, utilities of $ $500.00 and salary of $ 12,000 every month. The income tax rate is 10%. (10 marks) fish does Rupert fish need to sell to breakeven per month? How many How many fish does Rupert fish needs to sell to get operating income of $ 5,000 How much fish does Rupert fish needs to sell to get after tax net income of $ 4,900. Assume tax rate as 11% i. ii. iii.

Answer rating: 100% (QA)

To calculate the number of fish Rupert fish needs to sell to break even achieve an operating income of 5000 and reach an aftertax net income of 4900 w... View the full answer