You are considering starting a walk-in-clinic. Your financial projections for the first year of operations are as
Revenues (10,000 visits) $400,000
Wages & Benefits $220,000
Medical Supplies $50,000
Administrative Supplies $10,000
Assume that all costs are fixed, except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 30% rate.
a. Construct the clinic's projected P and L Statement.
b. What number of visits required to break even?
c. What number of visits required to provide you with an after-tax profit of $100,000?