A [blank] is an amount of money you've set aside in case of an emergency.

The tiny nation of Tinian is extremely efficient in the mining of tin. However, its climate and terrain makes it difficult to pr

shepuryov [24]

Answer:

Focus it's concentration on tin and buy corn from a competent producer.

Explanation:

According to the comparative theory of advantage, since it is well known that the Tinians are very good in the mining of tin but their terrain and climate makes it difficult for them to produce corn it is advisable for the Tinians to focus fully on the production of tin and then buy corn from a capable producer.

3 0

3 years ago

3. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash?

Andru [333]

Complete Question:

The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $166,436. The bank statement indicated a balance of $195,688 on June 30, 20Y1. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:

a. Checks outstanding totaled $19,427.

b. A deposit of $12,300, representing receipts of June 30, had been made too late to appear on the bank statement.

c. The bank collected $26,500 on a $25,000 note, including interest of $1,500.

d. A check for $4,000 returned with the statement had been incorrectly recorded by Pala Medical Co. as $400. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.

e. A check drawn for $195 had been erroneously charged by the bank as $915.

f. Bank service charges for June amounted to $55.

Answer:

Pala Medical Co.

Cash amount in the balance sheet = $189,281

Explanation:

a) Calculations:

Adjusted Cash balance at June 30, 20Y1

Cash balance $166,436

c) Note received by bank 25,000

c) Interest on the note 1,500

d) Returned check (3,600)

e) Bank charges (55)

Adjusted cash balance $189,281

b) Balance as per bank statement = $195,688

a. Checks outstanding totaled ($19,427)

b. A deposit of $12,300

e. Overstated cheque 720

Adjusted bank statement balance $189,281

c) Preparing a bank reconciliation helps to identify discrepancies between the cash book balance of Pala Medical Co and the company's bank statement balance. After the necessary adjustments, the two balances always agree and the adjusted figure is taken to the balance sheet.

4 0

3 years ago

Explain AHIMA's data quality management model, including the domains it covers and the data characteristics

BlackZzzverrR [31]

Answer:

Data Quality management: AHIMA created this model for quality data management to support the need for true and accurate data. Patient care, patient outcomes, reimbursement, process...

Hope this helped :)

Explanation:

3 0

3 years ago

For many in the baby-boom generation, the kennedy assassination represents a ________, an exceptionally clear recollection of an

earnstyle [38]

For many in the baby boom generation, ......................................... represents a FLASHBULB MEMORY, an .......................... event.
A flash bulb memory refers to a detailed and vivid memory which is stored on one occasion and is retained for a life time. Such memory are usually related to important autobiographical events or other types of memories that are unforgettable.

4 0

3 years ago

At a large department store, the number of years of employment for a cashier is a normally distributed variable with a mean of 5

Yakvenalex [24]

Answer:

0.0084

Explanation:

For this probability problem, we will have to make use of the normal probability distribution table.

to use the table, we will have to compute a certain value

z = (x- mean) /Standard deviation

z = $\frac{(10 - 5.7)}{1.8}$ = 2.39

Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.

<em>To do this, on the "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>

This gives us 0.99916

Thus we have P (Z < 2.39) = 0.9916

We subtract the value obtained from the table from 1 to get the probability required.

1 - 0.9916 = 0.0084

The Probability that the employee has worked at the store for over 10 years = 0.0084

4 0

3 years ago