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Vera_Pavlovna [14]
3 years ago
6

Time is money in any business environment. People want information communicated quickly and clearly. To make your writing more c

oncise and understandable, avoid flabby expressions, long lead-ins, and unnecessary fillers. Your audience will appreciate your brevity.
1. If your writing contains a flabby expression like in view of the fact that, replace it with the word because / although / probably .

For each of the following two sentences, choose the best revision.

2. I am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.

1) We need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.

2) We have identified a problem with our expense sheet, but we will solve it.

3) I am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.

3. It is the user who should contact the help center.

1) Everyone knows that it is the user who should contact the help center.

2) The user should contact the help center.

3) If there is a problem, the user should contact the help center.

Read the following passage, and then answer the question.

[1] You scheduled seven conference calls for this morning between 10 and 11 a.m. [2] Generally, the company limits the number of conference calls to three per hour. [3] I’m letting you know that in the future, we should be more careful about scheduling.

4. Which revision limits the long lead-in in sentence 3?

1) In the future, we should be more careful about scheduling.

2) I’m letting you know so that in the future we are more careful about scheduling calls.

3) So that you know in the future, we should be more careful about scheduling.
Business
1 answer:
Dafna1 [17]3 years ago
4 0

Answer:

The answer of this question is below in the explanation section:

Explanation:

1.

I am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.

Best Revision:

I am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.

2. It is the user who should contact the help center.

Best Revision:

The user should contact the help center.

Answer (4) : Read the following passage, and then answer the question.

[1] You scheduled seven conference calls for this morning between 10 and 11 a.m. [2] Generally, the company limits the number of conference calls to three per hour. [3] I’m letting you know that in the future, we should be more careful about scheduling. Which revision limits the long lead-in in sentence 3?

Best Revision

In the future, we should be more careful about scheduling.

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Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2020
ivann1987 [24]

Answer:

a. Current ratio = Total current assets/Total current liabilities

Current ratio = $6,840/$3,420

Current ratio = 2 : 1

b. Accounts receivable turnover = Net credit sales / [Net beginning accounts receivables + Net ending accounts receivables / 2]

Accounts receivable turnover = $13,940 / [$3,300+$3,500/2]

Accounts receivable turnover = $13,940 / $3,400

Accounts receivable turnover = 4.1 times

c. Average collection period = 365 / Accounts receivables turnover

Average collection period = 365 / 4.1

Average collection period = 89.0244

Average collection period = 89 days

d. Inventory turnover = Cost of goods sold / [Beginning inventory+Ending inventory/2]

Inventory turnover = $9,000 / [$1,500+$1,500/2]

Inventory turnover = $9,000 / $1,500

Inventory turnover = 6 times

e. Days in inventory at the end of the current year = 365 / Inventory turnover

Days in inventory at the end of the current year = 365 / 6

Days in inventory at the end of the current year = 60.8333

Days in inventory at the end of the current year = 61 days

3 0
3 years ago
Cash interest is computed annually when a bond is issued for other than its face value. For a bond issued at a premium, how will
sergeinik [125]

Answer:

Under the effective interest method, as a bond approaches maturity, the interest expense decreases while the amortization of the bond premium increases.

Explanation:

E.g. a company issues $800,000 in 8% bonds when the market rate is 7%, so the bonds price is $856,850 (semiannual coupons are paid).

Journal entry to record the issuance

Dr Cash 856,850

    Cr Bonds payable 800,000

   Cr Premium on bonds payable 56,850

amortization of bond premium on first coupon payment:

($856,850 x 3.5%) - ($800,000 x 4%) = $29,989.75 - $32,000 = -$2,010.25 ≈ -$2,010

Journal entry to record first coupon payment:

Dr Interest expense 29,990

Dr Premium on bonds payable 2,010

    Cr Cash 32,000

amortization of bond premium on second coupon payment:

($854,840 x 3.5%) - ($800,000 x 4%) = $29,919.40 - $32,000 = -$2,080.60 ≈ -$2,081

Journal entry to record second coupon payment:

Dr Interest expense 29,919

Dr Premium on bonds payable 2,081

    Cr Cash 32,000

7 0
3 years ago
Consider the following information for three stocks, A, B, and C. The stocks' returns are positively but not perfectly positivel
Dmitry_Shevchenko [17]

Answer:

a) Portfolio ABC's expected return is 10.66667%

Explanation:

The expected return is based on the risk factor of a project. If a project has higher risk its rate of return will be higher. Portfolio ABC has one third of its funds invested in each stock. The return of on A and B are 20% and 10%. Their beta is 1.0 for both the stocks while stock C has beta 1.4. The portfolio expected return will be 10.66667%.

5 0
3 years ago
. Tiger Mfg. owns a manufacturing facility that is currently sitting idle. The facility is located on a piece of land that origi
N76 [4]

Answer: $1,200,000

Explanation:

The firm should include $1,200,000 as the cost of the Manufacturing facility for a new project in it's analysis.

This is because $1,200,000 is the opportunity cost of not selling the facility. The old costs that were incurred for the land and the facility are to be considered sunk costs as they have already been incurred and the only relevant cost now is what the market will pay for the facility which is $1,200,000.

4 0
3 years ago
"The time horizon to be used when constructing a portfolio to pay for college expenses for a person who is expected to start col
Karolina [17]

Answer:

15 years

Explanation:

If you are constructing a portfolio to cover the education expenses of your child and you expect that he/she graduates from college in 15 years, then the time horizon of your portfolio should be 15 years since it should cover all the expenses until your child graduates. If you start a little earlier and expect your child to graduate in 20 years, the time horizon will be 20 years, or if you start a little later and expect your child to graduate in 10 year, then the time horizon is 10 years.

7 0
3 years ago
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