Finance

Question 1

The practice wants a new DR. 1436 rads were taken last year. You spent $6987 on rad supplies. Each rad takes 10 mins of tech time, and the cost to the client is $64.50 per view. The new machine will cost $76,000. How many rads will have to be taken to break even?

Answer 1

1178

Question 2

The practice wants a new DR. 1436 rads were taken last year. You spent $6987 on rad supplies. Each rad takes 10 mins of tech time, and the cost to the client is $64.50 per view. The new machine will cost $76,000. How long will it take to reach you break-even point of 1178?

Answer 2

10 months

Question 3

The practice wants a new DR. 1436 rads were taken last year. You spent $6987 on rad supplies. Each rad takes 10 mins of tech time, and the cost to the client is $64.50 per view. The new machine will cost $76,000. What percentage would you have to increase your fee to in order to achieve a break even point in 6 months, based on your sales figure from last year and your finding of 1178 rads and 10 months?

Answer 3

64%

Question 4

If you maintain your fee, but increase the number of rads in order to achieve your break even point, how many rads would you have to take per month to achieve a break even point, on equipment alone, in 6 months

Answer 4

196