1. Below is a table for three independent clinics. Fill in the missing data (a)- (f). You will have 6 answers to this question. Financial Data on three Independent Clinics Revenue Total Variable Costs Fixed Costs Total Costs Profit $2,000 $1,300 (b) $1,000 Clinic Spring Clinic Arizona Clinic (c) Brothers Clinic $4,000 (e) (a) (d) $600 $2,000 $1,500 (f) $2,500 $400
1. Below is a table for three independent clinics. Fill in the missing data (a)- (f). You will have 6 answers to this question. Financial Data on three Independent Clinics Revenue Total Variable Costs Fixed Costs Total Costs Profit $2,000 $1,300 (b) $1,000 Clinic Spring Clinic Arizona Clinic (c) Brothers Clinic $4,000 (e) (a) (d) $600 $2,000 $1,500 (f) $2,500 $400
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hi,
Could you please help me with this. I need to understand how the 6 missing dollar amounts are calculated.
Thank you :)
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For letter C- If I have a profit of $2,500 and total costs of $1,500- wouldn't my revenue be only $1,000?
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