What number of visits is required to break even

Assignment Help Financial Management
Reference no: EM131073375

You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $416541 Wages and benefit $205597 Rent $4129 Depreciation $28555 Utilities $2495 Medical supplies $45344 Administrative supplies $11191 Assume that all costs are fixed, except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 27 percent rate. What number of visits is required to break even?

Reference no: EM131073375

Questions Cloud

Setup and install a small network and set of servers : COIT13146 - System and Network Administration - You are required to setup and install a small network and set of servers to support a small company which operates a tomato packing plant. The plant operates in a small regional town and has 10 perman..
Element of managing an on-site event production : 1. Select and explain one element of managing an on-site event production. How does it enhance or diminish the event or function? 2. Conduct an Internet search to find an example of an event on-site production contract and highlight the various i..
Financial projections-after-tax profit : You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $409699 Wages and benefit $226160 Rent $5349 Depreciation $25568 Utilities $2442 Medical supplies $48524..
Exceptional knowledge of the engineering : Zack has been with your company for 20 years. He has an exceptional knowledge of the engineering aspects of a large project that the company is implementing.
What number of visits is required to break even : You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $416541 Wages and benefit $205597 Rent $4129 Depreciation $28555 Utilities $2495 Medical supplies $45344..
Event production-discussion : An aged shopping mall is undergoing renovations and the management company has hired you to coordinate an "exiting entertainment extravaganza" to celebrate their grand reopening. They want to tie this in with a special "Midnight Madness Sale" prom..
Manager of dwein bank records the arrival of customers : 1. The manager of DWEIN BANK records the arrival of customers and on the average; three costumers arrive per minute at the bank during the noon to 1 P.M. hour.
Possible risk events and contingency plans : A risk plan needs to be developed for a marathon that will be held in New York City in April. This is the 10th annual event and the crowd is estimated to be at 5,000, with 100 vendors. Explain and justify possible risk events and contingency plans..
Degree of default risk and mature-coupon rate of return : Assume you have a one-year investment horizon and are trying to choose among three bonds. All have the same degree of default risk and mature in 10 years. The first is a zero-coupon bond that pays $1,000 at maturity. What is your rate of return on ea..

Reviews

Write a Review

Financial Management Questions & Answers

  Ways to shorten the cash conversion cycle

Cyree Inc. has annual sales of $80,000,000; its average inventory is $20,000,000; and its average accounts receivable is $16,000,000. The firm buys all raw materials on terms of next 35 days, and it pays on time.

  What is the yield to maturity of bond

A Japanese company has a bond outstanding that sells for 85 percent of its ¥100,000 par value. The bond has a coupon rate of 4.4 percent paid annually and matures in 15 years. What is the yield to maturity of this bond?

  Explain the ways these barriers could create

Identify two barriers you face when you try to listen and explain the ways these barriers could create - or have created - a problem for you.

  What is the expected return of the second stock

Cameron has a two-asset portfolio with an expected return of 13.80%. The weight of the two stocks is 30% and 70%. The first stock has an expected return of 17%, what is the expected return of the second stock?

  What is this bond''s current market value

A bond for Firebird, Inc. has a coupon rate of 7% and face value of K1000, 000. The  yield to maturity is 6.8%. The bond has a remaining life of 30 years and makes  annual coupon payments? What is this bond's current market value?

  Produce after-tax cash flows

The Unlimited, a national retailing chain, is considering an investment in one of two mutually exclusive projects. The discount rate used for Project A is 12 percent. Further, Project A costs $15,000, and it would be depreciated using MACRS. It is ex..

  About the shares of common stock outstanding

Dinklage Corp. has 10 million shares of common stock outstanding. The current share price is $82, and the book value per share is $5. The company also has two bond issues outstanding. Suppose the most recent dividend was $5.40 and the dividend growth..

  Number of independent commercial banks might fall sharply

Provide three reasons why the number of independent commercial banks might fall sharply over the next few years.

  Calculate the net income for the firm

A firm reported an ROE of 19 percent. The firm's debt ratio was 45 percent, sales were $12 million, and the capital intensity ratio was 1.1 times. Calculate the net income for the firm.

  Describe benefits of holding the raw materials inventories

Describe the benefits of holding the Raw materials inventories, Work-in-process inventories and Finished goods inventories

  Under-investment problems refers to the problem

Under-investment problems refers to the problem that equity holders prefer not to invest in positive-NPV projects in highly levered firms because

  Miscreant had misspelled peace and had car repainted

Alan owns a 2011 BMW, which he paid $44,000 for. He has comprehensive and collision insurance on the car with a $500 deductible. This year, Alan has had a series of unfortunate incidents. Someone threw a can of pears at his car in April, which hit so..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd