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CREATE AN EXCEL SPREADSHEET TO CALCULATE THE ANSWER TO THIS QUESTION. SUBMIT YOUR ANSWER IN A SPREADSHEET IN QUESTION #2. DO NOT ENTER AN ANSWER
CREATE AN EXCEL SPREADSHEET TO CALCULATE THE ANSWER TO THIS QUESTION. SUBMIT YOUR ANSWER IN A SPREADSHEET IN QUESTION #2. DO NOT ENTER AN ANSWER HERE! You are considering opening a new urgent care facility and have the following projected data: Revenues (11,000 visits) $1,175,000 Salaries, wages, & benefits $350,000 Supplies 120,000 Rent 6,000 Depreciation 12,000 Repairs & maintenance 5,000 Assume that 75% of salaries/wages benefits and 100% of supplies are variable and that all other costs are fixed. IN AN EXCEL SPREADSHEET YOU SUBMIT FOR QUESTION 2, SHOW THE FOLLOWING CALCULATIONS a Construct the clinic's pro forma P&L b. Calculate the number of visits needed to break even What number of visits is required to generate an after-tax profit of $250,000, given a 35% tax rate
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