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You are opening a walk in clinic. Your projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits
You are opening a walk in clinic. Your projections for the first year of operations are as follows:
Revenues (10,000 visits) $400,000
Wages and benefits $220,000
Rent $ 5,000
Depreciation $30,000
Utilities $ 2,500
Medical supplies $ 50,000
Administrative supplies $ 10,000
Assume All costs are fixed, except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 30 percent rate.
A. Construct the clinic's projected p&l statement
B. What number of visits is required to break even?
C.what number of visits is required to provide you with an after-tax profit of $100,000?
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