QUESTION IMAGE
Question
what is the selling price less the purchase price and expenses?
gross profit
net income
profit margin
markup
question 6 (2.5 points)
when giving feedback, it is important to be
bruta
honest
patronizing
critical
Define net income in pharmacy metrics
Using the Pharmacy Profit Metrics knowledge point
$$
\text{Net Income} = \text{Selling Price} - \text{Purchase Price} - \text{Expenses}
$$
Identify the correct option for the first question
Using the Pharmacy Profit Metrics knowledge point
$$
\text{Selling Price} - \text{Purchase Price} - \text{Expenses} = \text{Net Income}
$$
Analyze effective feedback principles
Using the Professional Communication knowledge point
- Feedback must be constructive, objective, and honest to support professional growth.
- Options like "brutal", "patronizing", or "critical" hinder effective communication.
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Question 1
- (A) Gross Profit
- (B) Net Income (Correct answer)
- (C) Profit Margin
- (D) Markup
Question 2
- (A) brutal
- (B) honest (Correct answer)
- (C) patronizing
- (D) critical