Bakers healthcare finance Basic tools for non-financial manager sixth edition chapter 14 problem 4:

One of the owners of the Fleming medical group recently attended a conference on medical practice management, learned of flexible budgeting, and believes it can help the practice better manage its revenues and expenses. Using the table in problem 143, create a flexible budget based on 2022 year to date actual expenses and visits, a 4% inflation factor for each line item, and 52,560 forecasted patient visit in 2023. What are the total budget, projected net income, and profit margin? Did net income and profit margin increase from the incremental budget prepared and problem 143?

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