question archive Questions 50-51 (10 points total) Quick Clinic is a walk-in clinic located in a major strip mall and prides itself on providing hassle-free care for minor illnesses
Subject:FinancePrice: Bought3
Questions 50-51 (10 points total) Quick Clinic is a walk-in clinic located in a major strip mall and prides itself on providing hassle-free care for minor illnesses. Quick Clinic takes only cash for services and is paid a fee of $40 for each new patient visit and $30 for each follow-up office visit. Overall, 20% of all office visits are new patient visits. Quick Clinic has variable costs per visit of $26, which includes physician pay and supplies. Quick Clinic's office space costs $6,000 in occupancy expenses each month and incurs fixed monthly costs of $12,000 for the maintenance and administrative staff the Clinic, 50: How many office visits must Quick Clinic deliver to breakeven (5 points)? Your answer 51: How many office visits must Quick Clinic deliver to earn a profit of $2,000 for the month (5 points)?