Question: 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

Using the data below for an outpatient health clinic, answer the following

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 full answer

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