a small clinic treats only 10 patients. it expects operating cost per patient will be $1,800 or total $18,000. It desires an operating margin of $3600. If the clinic trates one patient as a charity case, how much must the clinic charge the 9 patients in order to reach its financial requirements?

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter15: Choice Of Business Entity—other Considerations
Section: Chapter Questions
Problem 71P
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a small clinic treats only 10 patients. it expects operating cost per patient will be $1,800 or total $18,000. It desires an operating margin of $3600. If the clinic trates one patient as a charity case, how much must the clinic charge the 9 patients in order to reach its financial requirements?

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