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3 years ago

The standard format rules for a professional letter should be followed. True or false.

Business

1 answer:

Luda [366]3 years ago

6 0

Answer:

True.

Explanation:

To write a professional letter, some standard format rules need to be followed.

It is necessary that the letter is written using a formal vocabulary, with clear and precise information, in the appropriate format, containing date, information about your professional profile, about the company and a final greeting.

To achieve an important objective, such as getting a job, it is important to have good writing skills to write a professional letter, in order to demonstrate through your arguments, your skills and competences, which can contribute to the success of a company.

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Why is working capital management one of the most important and time-consuming activities of the financial manager? What is net-

dybincka [34]

Answer:

Working capital is essential to a company's fundamental health and operational success. It helps in maintaining a solid balance between growth, profitability and liquidity.

Net working capital is the difference between a business/ company's current assets and current liabilities or debts.

Current assets are cash, accounts receivable and inventories of raw materials and finished goods

Current liabilities are accounts payable.

Explanation:

Working capital helps to maintain smooth operations and help improve a company's earnings and profitability and it includes:

1. Inventory management

2. Management of accounts receivable and account payable.

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3 years ago

Both the inventory conversion period and payables deferral period use the average daily COGS in their denominators, whereas the

il63 [147K]

Answer:

Explanation:

In business accounting, the inventory conversion period / payables deferral period and average collection period use different inputs due to the fact that Inventory and accounts payable are carried at cost on the balance sheet, whereas accounts receivable are recorded at the price at which goods are sold. Therefore the accounts receivable (average collection period) are attached and dependent on the specific/changing price of the goods sold.

7 0

2 years ago

In a make-to-order system, when a customer places a request for a product or service with a producer,

Mashutka [201]

<span>A work order is created as soon as the customer places the request for a product or service. Since the manufacturing or the creation of the item begins only after order is made, all the resources and the raw materials should be in place well before time.</span>

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2 years ago

The production department is proposing the purchase of an automatic insertion machine. It has identified 3 machines and has aske

cricket20 [7]

Answer: the correct answer is a. Machine B

Explanation:

Machine A average rate return

40000 out of 300000. It means that 300000 is 100% and $ 40000 is X. We apply a simple three rule:

40000 X X= 4000000/300000

300000 100% X= 13.33%

Machine B average rate return

50000 out of 250000. It means that 250000 is 100% and $ 50000 is X. We apply a simple three rule:

50000 X X= 5000000/250000

250000 100% X= 20%

Machine C average rate return

$75,000 out of $500,000. It means that $500,000 is 1005 and $75,000 is X. We apply a simple three rule

$75,000 X X=7500000/500000

$500,000 100% X= 15%

The highest average is the one onf Machine B

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3 years ago

When the stock market crashed people _____________?

OLEGan [10]

When the stock market crashed people panicked

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3 years ago