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2. Northeast Medical Group, a family practice, has the following financial data and operational metrics: Number of physicians Total revenue Total operating costs Total procedures per physician Patients per physician Visits per physician 2,748,360 1,557,615 12,353 1,941 5,333 a. What is the groups revenue per physician? b. What is the groups operating cost per physician? c. What is the groups total operating profit? d. Using your answer in letter C, what is the groups profit per physician? In letter c, you have computed the groups total operating profit. Assume that the group plans to reinvest and spend e. $50,000 of the profit by buying a new EKG (electrocardiogram) machine. How much is the new amount of profit available for distribution? f. Using your answer in letter e, assume that the remainder of profits will be distributed equally to the groups physicians as salary. How much will each physician receive as salary?

wer all the questions. Insert the Excel formula when needed 1. You are considering starting a walk-in clinic called First Rate Walk-in Clinic. You financial projections for the first year of operations are as follows: Revenues (at 10,000 visits) Wages and benefits Rent Depreciation Utilities Medical supplies Administrative supplies 400,000 220,000 5,000 30,000 2,500 50,000 10,000 Assume that all costs are fixed except supplies costs, which are variable. Furthermore assume that the clinic must pay taxes at a 30 percent rate. Construct the clinics projected P&L statement by putting in the amounts using the templa below. Compute for the Total operating costs, Taxable Income, Taxes, and Profit. Use formulas when needed: First Rate Walk-in Clinic Projected Profit and Loss Statement Total Revenues: Variable costs: Medical supplies

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First Rate Walk Clinic Projected Profit and Loss Statement Ans 1 Particulars Total Revenue Less: Operating Cost Variable Cost

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