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Income Statement Calculations: MRI Center has fixed costs of $2M and Variable costs per procedure of $175. They charge $2K per MRI and have contract
Income Statement Calculations: | ||
MRI Center has fixed costs of $2M and Variable costs per procedure of $175. | ||
They charge $2K per MRI and have contract adjustments and bad debt of 50%. | ||
They expect to have a volume of 3,000 MRIs. Calculate the following: | ||
Gross Revenues: | ||
Cont Adj/Bad Debt | ||
Net Revenues: | ||
Fixed Costs | ||
Variable Costs: | $ | |
Total Expenses: | ||
Net Profit: | ||
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