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Every year, One Mile Veterinary Hospital treats thousands of pets. The Hospital's CEO shares the following information. Per Pet Visit Lab Test charges 8.00 Depreciation
Every year, One Mile Veterinary Hospital treats thousands of pets. The Hospital's CEO shares the following information. Per Pet Visit Lab Test charges 8.00 Depreciation Equipment 16.00 Assistants' salaries 40.00 Security 4.00 Medical supplies 1.60 Revenue per visit 150 Tax rate Target Net income 40% $ 200,000 Note: Costs posted are per visit. To calculate annual fixed costs, assume an average number of visits of 2000 per year A. Calculate Target # of units to sell to meet the CEO's desired target net income. B. Calculate Target Revenue
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