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Delvig [45]
3 years ago
12

Write the features of correspondence?​

Business
1 answer:
lisov135 [29]3 years ago
7 0

Please find attached in the explanation below your answers

Explanation:

A correspondence is a a business letter that is used to communicate with different parties in a business. The correspondence is very important in the business world.

A business correspondence can also be called a business letter.

The features of a correspondence letter or business letter includes;

a. simplicity i.e keeping the letter as simple as possible.

b. clarity of goal: the reason(s) for the letter must be clearly expressed

c. Public relation: this means that the letter should communicate and resonate with the reader like it was a face to face discussion

d. courteous: the correspondence has to be written with all due respect albeit not pleadingly.

e. persuasive: the correspondence has to be convincing in its purpose or goals.

f. honest: the truthfulness of a correspondence is everything. Whether the information is good or bad, honesty has to be the watchword in writing the correspondence.

Cheers.

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Answer:

The credit on December 31 is to credit Treasury Stock with $15,000.

Explanation:

There are two methods for accounting for Treasury Stock.  The first is the par value method.  With this method, the Treasury Stock account is debited or credited with the par value for each transaction, while the difference in par value is taken to the Additional Paid-in Capital account.

Using the cost method, the Treasury Stock account is debited and credited with the value of each transaction and the Additional Paid-in Capital account is not affected.

This implies that under the cost method, the purchase and resale of treasury stock is recorded by debiting and crediting the treasury stock account by the actual cost of purchase and actual value of sale.

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3 years ago
Suppose the market for smoothies is supplied by 11 competitors. Their respective market shares are 40%, 20%, 10%, 5%, 5%, 5%, 4%
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Answer:

0.75

Explanation:

Four firm concentration: Share of four firms / Total market share

Four firm share: 40 + 20+10+5

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CR = 75/100

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<span>The term "monetary policy" refers to what the Federal Reserve, the nation's central bank, does to influence the amount of money and credit in the U.S. economy. What happens to money and credit affects interest rates (the cost of credit) and the performance of the U.S. economy.</span>
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The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue $ 205,000 Act
VikaD [51]

Answer:

Results are below.

Explanation:

Giving the following information:

Budgeted machine hours (based on practical capacity) 10,000

Budgeted direct-labor hours (based on practical capacity) 20,000 Budgeted direct-labor rate $ 13

Budgeted manufacturing overhead $ 364,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Machine hours:</u>

Predetermined manufacturing overhead rate= 364,000 / 10,000

Predetermined manufacturing overhead rate= $36.4 per machine hour

<u>Direct labor hours:</u>

Predetermined manufacturing overhead rate= 364,000 / 20,000

Predetermined manufacturing overhead rate= $18.2 per direct labor hour

<u>Direct labor cost:</u>

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Predetermined manufacturing overhead rate= $1.4 per direct labor dollar

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