Question
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $414634 Wages and
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows:
| Revenue (10000 visits) | $414634 |
| Wages and benefit | $219063 |
| Rent | $5320 |
| Depreciation | $28727 |
| Utilities | $2164 |
| Medical supplies | $51255 |
| Administrative supplies | $8195 |
Assume that all costs are fixed, except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 27 percent rate. What number of visits is required to break even?
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
