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A medical facility has the following financial projections: Revenues (10,000 visits): $500,000 Wages and Benefits: 192,000 Rent: 12,000 Utilities: 6,000 Medical and Administrative Supplies: 80,000
A medical facility has the following financial projections:
Revenues (10,000 visits): $500,000 Wages and Benefits: 192,000 Rent: 12,000 Utilities: 6,000 Medical and Administrative Supplies: 80,000
Assume that all costs are fixed except supply costs, which are variable.
What number of visits is required to break even? (Round your answer to the nearest whole number)
Select one:
a.
6,250 visits
b.
5,000 visits
c.
10,000 visits
d.
6,905 visits
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