(Answered) A pharmacy purchases 500 capsules of medication at the

Economics

A pharmacy purchases 500 capsules of medication at the wholesale price of $85. The wholesale distributor allows a 8% discount on invoices paid in 10 days. The payment is made according to the discount. The AWP for this medication is $0.09 a tablet. Insurance reimbursement is AWP less 5% plus $2 dispensing fee. The prescription is written for 45 capsules.

1. What is the discounted wholesale price?

2. What is the price per tablet following the discount?

3. What is the AWP of the prescription?

4. What is the discount price of the prescription?

5. What is the reimbursement fee?

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Business Economics, Economics

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