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Annette [7]
4 years ago
4

You work in the customer care division at Flannery Electronics. Mr. Gallegos, a longtime customer, is experiencing a problem wit

h his home theater system and has submitted a letter requesting that Flannery Electronics either fix or replace his system at no cost. Unfortunately, Mr. Gallegos’s customer service and factory warranties expired three months ago. You must write to Mr. Gallegos and inform him that Flannery will be unable to honor his request. Should the tone for this message be formal or informal? Formal Informal
Business
1 answer:
Rus_ich [418]4 years ago
7 0

Answer:

Formal

Explanation:

The tone of the message should be forma because, first of a it was addressed to the company(Flannery Electronics) making it official.

In the capacity of a representative of Flannery Electronics the letter should be addressed formally

A formal letter is one written in a formal and specific language and follows a certain  format. Letters like these are written for official purposes and are addressed to authorities, dignitaries, colleagues, seniors, etc and not to personal contacts, friends or family.

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15.2 Calculating Flotation Costs: The Wiley Oakley Co. has just gone public. Under a firm commitment agreement, Wiley received $
Marina CMI [18]

Answer:

23.16%

Explanation:

net amount of money received by Wliey Oakley = 7,750,000 stocks x $21.39 per stock = $165,772,500

total flotation costs including direct and indirect costs = [($26.30 - $21.39) x 7,500,000] + $1,350,000 + $210,000 = $38,385,000

flotation costs as a percentage of funds raised = $38,385,000 / $165,772,500 = 0.2316 = 23.16%

4 0
3 years ago
A company’s unit costs based on 100,000 units are: The normal unit sales price per unit is $165. A special order from a foreign
zysi [14]

Answer: $495,000

Explanation: Opportunity cost can be defined as the cost of profits that were foregone by choosing one alternative over other. It is a part of economic cost and is not considered while calculating the accounting cost.

 In the given case, company has to forego the sale of 3000 units due to the special order production, thus, the lost sale of those 3000 units is the opportunity cost of fulfilling the special order.

This, can be computed as follows :-

opportunity cost = 3000 units * $165

                             = $495,000

7 0
4 years ago
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7 0
3 years ago
When a consumer purchases a product, a demand is created for this item to be __________ by the merchant?
Anettt [7]
re-stocked was the answer, but there could others like re-fined, re-integrated
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3 years ago
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