Business, 25.01.2020 02:31 vanessagallegos7445
Hammerhead charters runs fishing trips out of the local port. hammerhead charges $50 per trip for a half-day trip. variable costs for hammerhead total $20 per trip and the fixed costs are $6,000 per month. hammerhead is subject to an income tax rate of 25 percent.
required
a. how many trips must hammerhead sell to break even?
b. how many trips must hammerhead sell to earn a monthly operating profit of $9,000 after taxes?
Answers: 1
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Hammerhead charters runs fishing trips out of the local port. hammerhead charges $50 per trip for a...
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