Financial projections for the first year of operations

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You are considering starting a walk-in clinic. Your financial 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 that all costs are fixed, except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 30 percent rate.

What number of visits is required to provide you with an after-tax profit of $100,000?

Reference no: EM132637872

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