A pharmacy has a contract with an insurance company to pay A…
A pharmacy has a contract with an insurance company to pay AWP plus 15% and a dispensing fee of $12.50 per prescription. A customer brings in prescriptions for medications that have AWP costs to the pharmacy of (A) $25.45 and (B) $87.60. What fee is charged to the insurance company for each of the medications?
Read DetailsSuppose that you bought corporate bonds from General Motors….
Suppose that you bought corporate bonds from General Motors. The annual nominal interest rate is 11 percent and the inflation rate is 9.6 percent. The federal government treats interest income like wages and salaries and you have to pay income tax. Suppose you are in the 25% income tax bracket. Based on this information, you know that the real after-tax return on your investment is ______ percent. Enter a positive number for a gain and a negative number for a loss. Round your answer to the nearest tenth of a percent.
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