Question
You are considering staring a walk in clinic and your financial projections for the first year of operations are as following Revenues (10,000 visits) $400,000
You are considering staring a walk in clinic and your financial projections for the first year of operations are as following
Revenues (10,000 visits) $400,000
Wages & Benefits $ 220,000
Rent $5,000
Depreciation $30,000
Utilities $2,500
Medical Supplies $ 50,000
Administrative Supplies $ 10,000
Assume that all cost are fixed except supply cost, which are variable. Furthermore assume that the clinic must pay taxes of 30%
a.) what number of visits is required to break even?
b.) what number of visits is required to provide you with an after tax profit of $100,000
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