Business Letter
In this Assignment, you will prepare a business letter to share your advice to a client.
You will explain complex financial data and discuss the cause and effect of select
accounting transactions has on cash balances.
This Assignment will assess your know
ledge based on the following outcome:
GEL
–
1.1:
Demonstrate college
–
level communication through the composition of original
materials in Standard American English.
Read the following scenario:
The Chief Financial Officer (CFO) of a company is asking for yo
ur advice. The CFO
explains sales are increasing but there is a constant matter of not having enough cash
to meet payroll or pay vendors within 30 days.
Prepare a business letter to the CFO to explain,
1. Why cash can go down even when sales are up; ref
er to
“receivables.”
2. Which three accounts should the CFO review each day and why? Focus on
short
–
term balance sheet accounts, i.e., “
receivables and payables
.”
The following is a general structure for informational business letters; however, this is
no
t a template, and modifications may be necessary for composing this type of letter.
An example is included at the end of this list.
•
Letterhead.
Most companies have stationary that has the company logo and
contact information at the top. Generally, readers expect to see business
letters on letterhead because it adds to the company’s credibility; so if this is
available, it is advisable to use it f
or all business correspondence to outside
customers or clients. It is generally not needed for internal letters or memos.
•
Opening information.
This includes a date and the name and address of the
customer.
•
Introductory paragraph.
For an informational business letter, the
introduction can go several ways. It can introduce the product or service or it
can establish a problem for which the reader will want to know a solution.
•
Body paragraphs.
Body paragraphs will follow the lead made
in the
introduction. This is where you give details about the product or service and
explain how it will solve a problem you think the reader faces.
Unit 1
[
MT480
: Corporate Finance
]
•
Closing paragraph.
Here is where you might give your strongest point or last
pitch and provide contact inf
ormation.
•
Complementary close.
The letter should end with a close like Sincerely or
Best or Respectfully.
•
Signature block.
Sign your name and include your title.
•
Format of business letters.
Business letters are written single
–
spaced and
generally in a bloc
k format, which means that everything is aligned to the left
margin. In block format, paragraphs are generally not indented, so double
–
space between paragraphs.
Exampl
e letter
Directions for Submitting Your Assignment
Your Assignment must be written in a minimum of 2 pages with APA formatting. Please
label your Assignment as “UNIT 1 CFO
–
your name” and submit to the Unit 1
Assignment
Dropbox.
MT480 Unit 1 Assign
ment: Business Letter
Points
Possible
Points
Earned
Content
(50%)
Response successfully answers the assignment questions
based upon the required criteria. The main points of the
letter are well
–
ordered and logically developed with
reference to Sales,
and short term Balance Sheet items
such as Cash, Accounts Receivable and Accounts Payable.
The letter itself is cordial in nature and expresses ideas in
an original and insightful way.
25
Analysis and Critical Thinking
(30%)
Analysis includes proper explanations of the cause and
effect of business transactions and their impacts on cash
balances. The analysis makes note of the interrelationship
of Sales, Cash, Accounts Receivable, and Accounts
Payable.
15
Unit 1
[
MT480
: Corporate Finance
]
Response exhibits
strong higher
–
order critical thinking and
includes appropriate technical terminology and judgments to
support recommendations. All facts and comparisons are
presented at a level understood by those familiar with
accounting and or bookkeeping transactions.
15
Writing
(20%)
Sentences are clear, concise, and direct, free of errors in
grammar, punctuation, and spelling.
5
Presentation is in the APA format of a business letter.
Citations for research findings are presented
Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.
Use the order calculator below and get started! Contact our live support team for any assistance or inquiry.
[order_calculator]