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You are considering starting an urgent care clinic. Your financial projections for the first year of operations are as follows: Revenues (30,000 visits)$5,000,000Wages and Benefits$1,500,000Rent$350,000Depreciation$50,000Utilities$10,000Medical

You are considering starting an urgent care clinic. Your financial projections for the first year of operations are as follows:

Revenues (30,000 visits)$5,000,000Wages and Benefits$1,500,000Rent$350,000Depreciation$50,000Utilities$10,000Medical Supplies$300,000Administrative Supplies$60,000

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 (after taxes)?

a. 10, 159

b. 10, 052

c. 18,235

d. 17,323

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