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4 years ago

Select the guidelines you should follow when creating a business letter

Business

1 answer:

8090 [49]4 years ago

5 0

Answer:

Write clearly and concisely
Use a font, size, and style that is suitable
Eliminate mistakes.
Remain polite even when dealing with a dispute

Explanation:

Business letters are meant to use formal language because they are to serve as official communication between the parties involved. As such, writing should be clear and concise which means it should be straight to the point.

Use a font, size and style that is suitable and will be taken seriously for instance, Times New Roman and Arial are widely used as they project professionalism. There should be no mistakes which means the letter should be proofread and even when dealing with disputes, politeness should be maintained as emotive writing is not to be featured in formal writing.

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All City Realty, Inc. issued 10 comma 000 shares of $ 3 stated value common stock for $ 16 per share. The journal entry to reco

elena55 [62]

Answer:

B. Paid-In Capital in Excess of Stated long dash Common for $ 130,000

Explanation:

Whenever shares are issued at a price higher than the par value, then the additional value that is higher than par value is is added to paid in capital in excess of stated common capital.

Here, in the given case stated capital = 10,000 $\times$ $3 = $30,000

Paid in capital in excess of stated capital = 10,000 $\times$ ($16 - $3) = $130,000

Thus, correct entry will include credit to both of the above.

Therefore, correct option is

B. Paid-In Capital in Excess of Stated long dash Common for $ 130,000

7 0

4 years ago

_____ occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput incre

Alja [10]

 The Economies of scale  occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.

Hope It's Help

3 0

3 years ago

Collins Inc. is investigating whether to develop a new product. In evaluating whether to go ahead with the project, which of the

SVEN [57.7K]

Answer:

The answer is a. The project will utilize some equipment the company currently owns but is not now using.

Explanation:

If you look at all the other options that are listed here, they either are a significant sum to the company or has a significant the opportunity cost. In this one, company uses idle assets and therefore bears no opportunity cost.

4 0

4 years ago

On December 31, Strike Company sold one of its batting cages for $20,084. The equipment had an initial cost of $223,162 and had

Anna35 [415]

Answer:

Loss on disposal = $2232

Explanation:

To calculate the amount of gain or loss on sale, we must first calculate the net book value or NBV of the asset. The net book value is the difference between the cost of the asset and the accumulated depreciation. The formula for NBV is as follows,

NBV = Cost - Accumulated depreciation

NBV = 223162 - 200846

NBV = 22316

If the sales proceeds are more than the NBV of the asset, the asset is sold on gain and vice versa.

Loss on disposal = 20084 - 22316 = - $2232 or$2232 loss

8 0

3 years ago

Mary buys an annuity that promises to pay her $1,500 at the end of each of the next 20 years. The appropriate interest rate is 7

alina1380 [7]

Answer:

PV= $15,291.74

Explanation:

Giving the following information:

Annual cash flow= $1,5000

Number of years= 20

Interest rate= 7.5%

To calculate the present value, first, we need to determine the future value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {1,500*[(1.075^20) - 1]} / 0.075

FV= $64,957.02

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 64,957.02/(1.075^20)

PV= $15,291.74

7 0

4 years ago