Question: What are the calculations used for Table 4: Pro Forma Profit and Loss Statement for 2018 (assuming constant volume) Average Daily Amount (2018$) Net Revenue
What are the calculations used for
Table 4: Pro Forma Profit and Loss Statement for 2018 (assuming constant volume)
| Average Daily Amount (2018$) | |
|---|---|
| Net Revenue | $1,682.62* |
| Salaries and Wages | $564** |
| Physician Fees | $720** |
| Malpractice Insurance | $130** |
| Travel and Education | $35** |
| General Insurance | $45** |
| Utilities | $6** |
| Equipment Leases | $536** |
| Building Lease | $385** |
| Other Operating Expenses | $360** |
| Total Operating Expenses | $2,781** |
| Net Profit (Loss) | ($1,098.38)** |
Net Revenue is adjusted by 2% inflation per year, $1,682.62 = $1,524(1.02)^5
**All costs are adjusted by 2% inflation per year.
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