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olya-2409 [2.1K]
1 year ago
13

when developing the tone for a claim letter, . a. assume that the person reading your message is directly responsible for the pr

oblem b. realize that heightened emotion will be necessary to get what you are hoping to receive c. avoid attempts at goodwill so that you sound more authoritative d. remember that smart businesses know that retaining a customer is far less costly than recruiting a new one
Business
1 answer:
daser333 [38]1 year ago
3 0

It should be noted that when developing the tone for a claim letter, d. remember that smart businesses know that retaining a customer is far less costly than recruiting a new one

<h3>What is Letter Writing?</h3>

This refers to the use of words to communicate or send a message to a person with letters.

Hence, it can be seen that when writing a claim letter, it is important to set the tone to make it more effective and this can be done by having in mind to retain the customer rather than losing him.

Read more about letter writing here:

brainly.com/question/26430877

#SPJ1

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The overarching purpose of credit risk analysis is to: Group of answer choices Quantify potential credit losses Determine a comp
Orlov [11]

Answer:

Identify credit opportunities

Explanation:

The main goal of credit risk analysis is to identify the potential risks of lending out to a particular customer, whether it is a person or a firm.

In other words, is to identify whether a person or firm is credit worthy. From this concept of credit worhiness, we can affirm that the purpose of credit risk analysis is essentially to identify credit opportunities, since from the fact of finding out that a potential customer is credit worthy, a credit opportunity is created. (the loan is made to the credit worthy customer).

4 0
3 years ago
On August​ 31, 2018​, Brooke Tallen borrowed $ 6 comma 000 from Boulware State Bank. Tallen signed a note​ payable, promising to
Dimas [21]

Answer:

When  Boulware State​ Bank lend money

<em>Note Receivable $6,000 (debit)</em>

<em>Cash $6,000 (credit)</em>

When Interest accrues on the Note Receivable on June​ 30, 2019.

<em>Note Receivable $600 (debit)</em>

<em>Interest Income $600 (credit)</em>.

When the Interest and Principle are collected on August 31, 2019

<em>Cash $6,720 (debit)</em>

<em>Note Receivable $6,720 (credit)</em>

Explanation:

When  Boulware State​ Bank lending money

Recognize an Asset - Note Receivable and a decrease in the assets of Cash.

<em>Note Receivable $6,000 (debit)</em>

<em>Cash $6,000 (credit)</em>

When Interest accrues on the Note Receivable on June​ 30, 2019.

Hint :Interest that expires is for 10 months and must be accounted as such.

<em>Note Receivable $600 (debit)</em>

<em>Interest Income $600 (credit)</em>

Interest Income = $6,000 × 12% × 10/12

                          = $600.

When the Interest and Principle are collected on August 31, 2019

Interest for July and August for 2020 must first be accounted.

Note Receivable $120 (debit)

Interest Income $120 (credit)

Interest Income = $6,000 × 12% × 2/12

                          = $120.

Thus entry to record  collection of principal and interest will be :

<em>Cash $6,720 (debit)</em>

<em>Note Receivable $6,720 (credit)</em>

Note Receivable = Principle + 2019 interest + 2020 interest

                            = $6,000 + $600 + $120

                            = $6,720

4 0
3 years ago
Which option best explains why countries trade with each other?
MaRussiya [10]

D. to obtain goods they cannot produce efficiently is the only option that makes sense in the context of the question.

7 0
3 years ago
Read 2 more answers
The united states and kenya are exploring the possibility of a trade deal. ________ refers to a situation in which a government
GrogVix [38]

The correct answer is Free trade.

Free trade refers to a situation in which a government does not restrict what its citizens can buy from or sell to another country.

<h3>What is Free Trade? </h3>
  • It refers to the absence of any government policies and barriers over the import and export of goods.
  • It helps in maintaining a healthy global economy and enables countries to form better relations.
  • A free trade also has no tax over it.
  • Free trade helps in exchange of products and therefore increasing the consumer choice in the market.
  • It encourages the foreign investment and provides companies a chance to expand their work area.

To learn more about trade barriers visit:

brainly.com/question/27863334

#SPJ4

5 0
2 years ago
The money a bank or other lending institution is willing to lend you is called the amount of credit extended or the​ ______ of t
Sloan [31]

<span>The answer is a principal of the loan. The principal of a loan is the sum borrowed while interest is calculated on the principal. Loan principal can be used to mean three things, it can be:</span>

<span><span>- The amount you initially borrowed.
</span><span>- The original investment in a private or business asset, similar to a building, apparatus, or a automobile.
</span><span>- The balance on the loan account at any one period after the last payment has been made</span> </span>

<span> </span>

5 0
3 years ago
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