Question

drag the items to their definitions.

average inventory
par
awp
gross profit

reported margin of profit
a minimum amounts of drugs to keep on hand in inventory called periodic automatic replenishment levels
average wholesale price
beginning inventory for a period of time added to ending inventory for the same period of time

Explanation:

Match gross profit definition

The term "Gross profit" represents the financial gain calculated by subtracting the cost of goods sold from total revenue, which corresponds to the Reported margin of profit.

Match PAR definition

The term "PAR" stands for Periodic Automatic Replenishment. This represents A minimum amounts of drugs to keep on hand in inventory called periodic automatic replenishment levels.

Match AWP definition

The term "AWP" is a standard industry acronym that stands directly for Average wholesale price.

Match average inventory definition

The term "Average inventory" is calculated by taking the Beginning inventory for a period of time added to ending inventory for the same period of time (and typically dividing by two to find the mean value over that duration).

Answer:

• Gross profit $

ightarrow$ Reported margin of profit

• PAR $

ightarrow$ A minimum amounts of drugs to keep on hand in inventory called periodic automatic replenishment levels

• AWP $

ightarrow$ Average wholesale price

• Average inventory $

ightarrow$ Beginning inventory for a period of time added to ending inventory for the same period of time