What number of visits is required to break even?

You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows:Revenues: $400,000Wages & Benefits: $220,000Rent: $5,000Depreciation: $30,000Utilities: $2,500Medical Supplies: $50,000Administrative Supplies: $10,000Assume that all costs are fixed, except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 20 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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