Calculate the amount that the pharmacy bills to the insurance company under the formula of AWP plus 2% plus $6 dispensing fee per prescription if the pharmacy fills 50 prescriptions in 1 month for the same drug and each of the prescriptions contain 30 tablets of the same drug which has AWP $300.

Calculate the amount that the pharmacy bills to the insurance company under the formula of AWP plus 2% plus $6 dispensing fee per prescription if the pharmacy fills 50 prescriptions in 1 month for the same drug and each of the prescriptions contain 30 tablets of the same drug which has AWP $300.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter17: The Management Of Cash And Marketable Securities

Section: Chapter Questions

Problem 10P

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Concept explainers

Classification Of Risk

Risk means when there could be a possibility that the returns expected from a particular project or investment may or may not match the investor's expectations. In other words, the uncertainty of an income arising from a source that would either be lower than expected or result in losses in risk exposure of the project. The higher the risk involved, the higher is the return expected by the investor as the investor is exposed to a high level of risk. There are various methods by which different types of risk can be assessed and avoided or mitigated.

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