Construct p&l statement , Cost Accounting

You are considering starting a walk-in-clinic.  Your financial projections for the first year of operations are as follows:

Revenues (10,000 visits)


Wages & Benefits








Medical Supplies


Administrative Supplies


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&L statement.

b. What number of visits is required to break even?

c. What number of visits is required to provide you with an after-tax profit of $100,000?

Posted Date: 2/27/2013 7:11:38 AM | Location : United States

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