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Zina [86]
3 years ago
14

Imagine that you are the supervisor of a pharmacy. You have received a few complaints about mistakes in customer's prescriptions

. To improve the quality of service delivered by the pharmacies, you can concentrate on (a) doing a better job of catching errors in the future or (b) doing a better job of avoiding errors. Which approach would you choose? Explain.
Business
1 answer:
Elis [28]3 years ago
7 0

Answer:

b tell me whether I've got it or not

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Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts.
satela [25.4K]

Answer and Explanation:

The computation of the missing amounts is shown below:

a. Common stock

= Total Liabilities and Stockholders' Equity  - total liabilities - ending retained earnings

= $69,100 - $5,200 - $34,100

= $29,800

b. Retained earnings is $34,100

c. Cost of goods sold

= Revenues - salaries & wages expense - net income

= $85,800 - $10,400 - $19,710

= $55,690

Here net income would be

= Ending retained earnings + dividends - beginning retained earnings

= $34,100 + $4,710 - $19,100

= $19,710

d. Net income is $19,710

e. Net income is $19,710

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