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What number of visits is required to break even

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Question - 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

a. Construct the clinic's projected P&L statement. Total revenues $400,000.00 Total variable costs 50,000 Total contribution margin $350,000.00 Fixed costs 267,500 Profit $82,500.00.

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?

Reference no: EM132833840

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