Question: Homework Problem 2.1 Using the data below for an outpatient health clinic, answer the following questions. Be sure to use functions/formulas to show your work.

Homework Problem 2.1 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 $500,000 Variable cost per visit $25 Charge (revenue) per visit $100 Clinic visits 7,500 a. Construct the clinic's base case projected P&L statement 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%%? e. What is the Profit / (Loss) with the 15% volume decrease
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