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
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?