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5.8 you are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: {:[ Revenues (10,000 visits) ,$400,000],[
5.8 you are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: {:[" Revenues (10,000 visits) ",$400","000],[" Wages and benefits ",220","000],[" Rent ",5","000],[" Depreciation ",30","000],[" Utilities ",2","500],[" Medical supplies ",50","000],[" Administrative supplies ",10","000]:} Assume that all costs are fixed except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 30 percent rate. a. Construct the clinic's projected P&L statement. b. What number of visits is required to break even? c. What number of visits is required to provide you with an after-tax profit of $100,000
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