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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 benefits400,000
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 benefits400,000
Rent20,000
Depreciation50,000
Utilities5,000
Medical supplies100,000
Administrative supplies20,000
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 is the breakevennumber of visits?
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