Using the data below for an outpatient health clinic, answer the following questions. Be sure to...
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Using the data below for an outpatient health clinic, answer the following questions. Be sure to use functions/formulas to show your work. Fixed costs Variable cost per visit Charge (revenue) per visit Clinic visits a. Construct the clinic's base case projected P&L statement $500,000 $25 $100 7,500 b. What is the clinics's breakeven point (volume / visits needed to breakeven)? c. What is the economic breakeven (volume required) to provide a profit of $200,000? d. What is the total contribution margin if volume decreases by 15%? Using the data below for an outpatient health clinic, answer the following questions. Be sure to use functions/formulas to show your work. Fixed costs Variable cost per visit Charge (revenue) per visit Clinic visits a. Construct the clinic's base case projected P&L statement $500,000 $25 $100 7,500 b. What is the clinics's breakeven point (volume / visits needed to breakeven)? c. What is the economic breakeven (volume required) to provide a profit of $200,000? d. What is the total contribution margin if volume decreases by 15%?
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To answer the questions well use the provided data and apply relevant formulas Lets calculate each item step by step a Constructing the clinics base c... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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