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what is the selling price less the purchase price and expenses? gross p…

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

Explanation:

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.

Answer:

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