The Apothecary System

question 37

Multiple Choice

The apothecary system:

• A)is a relatively new system of categorizing medications.
• B)is always used in hospitals.
• C)is always used in pharmacies
• D)is becoming obsolete

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Definitions:

Return on Investment

The gain or loss generated on an investment relative to the amount of money invested.

Selling Margin

The difference between the cost of a product and its selling price, indicating the profit made on the sale.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Net Profit

The amount of money a company retains after subtracting all its expenses, taxes, and costs from its total revenue.