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August 20, 2014

Homework Help: Finance

Posted by Karam on Friday, June 24, 2011 at 9:24am.

Omega System Services, a member of the Omega Health Foundation operates a free-standing ambulatory care center that averages $60 in charges per patient. Variable costs are approximately $10 per patient, and fixed costs are about $1.2 million per year. Using this data, how many patients must be seen each day, assuming a 365-day operation, to reach the break- even point?

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