What volume of patients per month

Assignment Help Finance Basics
Reference no: EM13265701

The North Kingstown Cancer Infusion expects tremendous growth over the next year and is projecting the following cost and rate structure for the service. Revenues are $750 per patient. Rent is $3600 per month; staff cost is $195,000 per month; leases are $10,000 per month; other fixed costs are $20,000 per month; pharmaceuticals are $500 per patient; intravenous supplies are $25 per patient; and other patient supplies are $25 per patient. Show your work.

a. What volume of patients per month will it take for the center to breakeven?

b. If the center needs to make a profit of $75,000 per month, what is the new volume per month?

 

Reference no: EM13265701

Questions Cloud

Explain how many pounds of fat does the athlete''s body : If an athlete weighs 133lb and has 15.0\% body fat by weight, how many pounds of fat does the athlete's body contain
A disaster recovery plan : A disaster recovery plan is a set of policies and procedures designed to mitigate the damage of a disaster. Research some best practices for Disaster recovery. Discuss your findings.
What is the magnitude of the constant acceleration : A wheel spinning at 25 rev/s is slowed to a stop by a constant acceleration while turning 50rev. What is the magnitude of the constant acceleration
Explain how many milliliters of active ingredient : A solution of cough syrup contains 5.00\% active ingredient by volume. If the total volume of the bottle is 34.0mL , how many milliliters of active ingredient are in the bottle? Express your answer with the appropriate units.
What volume of patients per month : If the center needs to make a profit of $75,000 per month, what is the new volume per month?
Find the maximum current through the resistor : When a 700? resistor is connected across an AC power supply, the resistor dissipates energy at a rate of 15.0W. Find the maximum current through the resistor
What was the cash flow to stockholders for the calendar year : On March 31, the firm sold an additional 670 shares at a price per share of $34.5. On June 30, the firm issued an annual dividend of $2.80 per share. What was the cash flow to stockholders for the calendar year?
A sports nutrition company is examining : A sports nutrition company is examining whether a new high-performance sports drink should be added to its product line. A preliminary feasibility analysis indicated that the company would need to invest $17.5 million in a new manufacturing facility ..
Explain how many centimeters does light travel : How many centimeters does light travel in 5.00 years (given that the velocity of light is 3.00 \times 10^{10} {\rm cm}/{\rm s})? Express your answer with the appropriate units.

Reviews

Write a Review

Finance Basics Questions & Answers

  How much responsibility should a corporate officer have

Is it ever appropriate in the business world to hold a superior liable for a subordinate's criminal action (as may often be the case in a military structure), or should we each just be responsible for our own actions?

  Comparing long and short term financing

In business the need of loan is always there. You need to purchase land, machinery, construction of the work shed. This type of expenditure requires long term finance.

  State the tools of fiscal policy

Suppose that the economy is already in a recession, & both the President and Congress have decided to do something to restore the economy.

  Determine category of financial statement ratios

A potential creditor's judgment about granting credit would be most influenced by the potential customer's, Which of the following is not a category of financial statement ratios?

  What are the various models of retail competition

Describe the text's retail strategic planning and operations management model.

  Calculate the liquidity risk premium

The maturity risk premium is 0.65 percent on 5-year securities and increases by 0.05 percent for each additional year to maturity. Calculate the liquidity risk premium on Tom and Sue's Flowers, lnc.'s, 15-year bonds.

  Future fund value of an ordinary annuity

Determine its mean if the investment sales literature states that the future fund value of an ordinary annuity is determined using the simple interest formula method?

  Calculate the equity capital ratio

If $2 million in bad loans were removed from the bank's assests, show how the equity capital ratio would change.

  What is highest rate you can afford on a 78-month apr loan

You want to borrow $61,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1,000, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 78-month APR loan?

  Add value to shareholders of corporations

Rumors about potential mergers are often a hot topic in the business press. One rumor being floated around recently is a potential merger between mobile phone giants T-Mobile and Sprint.

  What is the portfolio weight of stock c

Kate invested $7,400 in stock A, $11,200 in stock B, and $3,900 in stock C. What is the portfolio weight of stock C

  Question based on market risk premium

Suppose that the shareholders have recently become more risk averse, so market risk premium has raised. Also, suppose that the risk free rate and expected inflation have not changed.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd