HA516

Task: Assignment Questions that need to be answered. 1.Using the historical data as a guide, construct a pro forma (forecasted) profit and loss statement for the clinic's average month for all of 2014 assuming the status quo. With no change in volume (utilization), is the clinic projected to make a profit? 2.Now consider the clinic's situation without the new marketing program. How many additional daily visits must be generated to break even? Con

Assignment Exhibit 4.1 data: Sunnyvale’s debt ratio at the end of 2015 was total debt (liabilities) divided by total assets = $100,747,000 ÷ $154,815,000 = 0.65 = 65%. This ratio reveals that each dollar of assets was financed by 65 cents of debt and, by inference, 35 cents of equity. Sunnyvale’s debt ratio at the end of 2014 was $68,893,000 ÷ $115,101,000 = 0.60 = 60%. Thus, the clinic increased its proportional use of debt financing by 5 percen