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Based on the information in the Budget Information for Year One document, complete theExcel spreadsheetthat demonstrates the following changes in income: There will be a

Based on the information in the Budget Information for Year One document, complete theExcel spreadsheetthat demonstrates the following changes in income:

  • There will be a 2% decrease in volume (volume = number of patients) annually over the next five years.
  • Medical and office supplies will increase 2.5% annually.
  • Salaries and benefit costs will increase 5% annually.
  • Continuing education costs will remain steady each year.
  • Overhead expenses will remain steady each year.

Budget Information - Year One Annual Personnel Salaries Each medical doctor is paid $250,000 per year Physician assistants are paid $150,000 per year Registered nurses are paid $80,000 per year Medical assistants are paid $55,000 per year Front desk receptionists are paid $35,000 per year The total for annual salaries in year one is $2,605,000. Additional Budget Expenditure Medical supplies: $600,000 Office supplies: $20,000 Continued medical education: o $4500 per person (doctors and PAs) o $2000 per person (RNs and MAs) Overhead costs, such as building, utilities and insurances are 60% of the gross income, year one Gross Income $15 million 75,000 patients will be seen at an average income of $200 per patient visit Each doctor and PA sees, on average, four patients per hour each day

how would i enter this information through excel spreedsheet

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