Construct the clinic projected p and l statement

Reference no: EM132073493

Question: Revenues (15,000 visits) $500,000 Wages and benefits 110,000 Rent 3,500 Depreciation 25,000 Utilities 2,000 Medical Supplies 30,000 Administrative Supplies 12,000 Assume that all costs are fixed except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 40% rate.

(a) Construct the clinic's projected P&L statement

(b) What number of visits is required to break even?

Reference no: EM132073493

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