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You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (20,000 visits)$1,000,000 Wages and benefits
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows:
Revenues (20,000 visits)$1,000,000
Wages and benefits 400,000
Rent 20,000
Depreciation 50,000
Utilities 5,000
Medical supplies 100,000
Administrative supplies 20,000
Assume that all costs are fixed, except supply costs, which are variable.Furthermore, assume that the clinic must pay taxes at a 35 percent rate.
What are the number of visits to obtain a profit of $500,000
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