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3 years ago

What are five groups of people to whom business communication might write letters of appreciation?

Business

1 answer:

34kurt3 years ago

7 0

Answer:

expressing thanks for a gift, sending thanks for a favor, extending thanks for hospitality, and recognizing employees for their contribution, to answer a congratulatory note.

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If a borrower provides collateral and fails to repay the loan,

MakcuM [25]

The correct option is B.
In case of non repayment of loan, the lender can sell the collateral and used the proceeds to cover his losses. A collateral is always in form of properties which are substantial in value, it is often requested that borrowers provide collateral in order to reassure lenders that they will pay up.

6 0

3 years ago

Read 2 more answers

What does an income statement show about a bank over a period of time?

Natali5045456 [20]

Reliability because it shows that you are responsible to pay

6 0

4 years ago

Read 2 more answers

Mountain High Ice Cream Company transferred $65,000 of accounts receivable to the Prudential Bank. The transfer was made with re

Liono4ka [1.6K]

Answer:

Dr Cash 56,550

Dr Receivable from factor 5,500

Dr Loss on sale of receivables 6,450

Cr Accounts receivables 65,000

Cr Recourse liability 3,500

Explanation:

cash = ($65,000 x 90%) - factoring fees = $58,500 - $1,950 = $56,550

factoring fees = $65,000 x 3% = $1,950

loss on sale of receivables (includes factoring fees) = (accounts receivables + recourse liability) - (cash + receivable from factor) = ($65,000 + $3,500) - ($56,550 + $5,500) = $68,500 - $62,050 = $6,450

3 0

3 years ago

Santana Company exchanged equipment used in its manufacturing operations plus $2,000 in cash for similar equipment used in the o

Ede4ka [16]

Solution :

We know that the exchange takes place when the FMV receive is equal to the FMV given up.

Where the FMV = fair market value

The commercial substance means the future cash flows exchange.

The non monetary exchange refers to the cash which is less than 25% of the fair value exchange.

The journal entries for the Santana Corp. when the exchange lack the commercial substance are reported as :

Transaction Debit ($) Credit ($)

Asset(new) 11,000

Accumulated depreciation(old) 9,000

Asset (old) 28,000

Cash 2000

The journal entries for Delaware Corp. when the exchange lacks the commercial substance.

Transaction Debit ($) Credit ($)

Asset(new) 16,000

Accumulated depreciation (old) 10,000

Loss 2500

Assets (old) 28,000

7 0

3 years ago

Donna, the office manager, spends a large part of her day working closely with those whom she supervises to successfully accompl

zubka84 [21]

It seems that you have missed the necessary options for us to answer this question, so I had to look for it. Anyway, here is the answer. Based on the given description above about Donna, the type of managerial skill she is exhibiting is HUMAN. Hope this answers your question. Have a great day!

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3 years ago