Preparing Budget

Running head: PREPARING THE BUDGET Preparing the Bud agitate Mitesh Patel University of Phoenix ACC/HC561 Week-4 Individual Assignment Ruth Brown November 13, 2010 Preparing the Budget Get hygienic Clinic Inc. serves a suburban community with a population of about 24,000, of which 25% argon expected to become uncomplaining roles of the clinic. The paper is the budget proposal for stratum 2015, which includes the implementation of new service or product, costing $80,000 for equipment. The equipment leave behind depreciate on the straight-line basis over 5 years. The heart budget patient role visits per year are 30000, considering each patient will visit five times per year. The salaries of 4 physicians are considered in the budget since each physician is expected to cloak 600 visits per month. The budget includes $75,000 line of credit from bank and the interest on any amounts borrowed is considered in other operating expenses. At the stop of Year 2015, improved collection is considered in terms of patient receivables $220,000. The demolitioning cash balance is expected to $114,000. At the end of Year 2015 total liabilities and net assets is expected to $502,000. Get wells Clinic Budget A. Profit plan for the year 2015 Budget patient visits (24,000 population X 25% X 5 visits per yr) 30,000 Avg.

receipts per visit ($50 X 30,000 visits)$1,500,000 Variable expenses: Medical supplies ($6 X 30,000 visits) $180,000 Other variable operating expenses ($4 X 30,000 visits) 120,000 innate variable expenses $300,000 Contribution Margin$1,200,000 Fixed Expenses: Salaries (4 physicians, Nurses, Admin, & Tech) $ 972,000 accept 48,000 Other Fixed expenses 96,000 Depreciation expense ($80,000 / 5 years) 16,000 Total Fixed Expenses$1,132,000 Net Income $ 68,000 B. Computation of Cash Flows... If you want to get a full essay, order it on our website: Orderessay

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