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

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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