Assignment 2: Business Letter The following course outcome is assessed in this A
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Assignment 2: Business Letter
The following course outcome is assessed in this Assignment:
GEL-1.02: Demonstrate college-level communication through the composition of original materials in Standard English.
In this Assignment, you will prepare a business letter to share your advice with a client. You will explain complex financial data and discuss the cause and effect of select accounting transactions on cash balances.
Read the fictional scenario and respond to the checklist items.
Scenario:
The Chief Financial Officer (CFO), Karl Richland of Semtell Company in Cincinnati, Ohio is asking for your 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.
Checklist: Prepare a business letter (see the rubric) to the CFO to explain:
1. Explain why cash can go down even when sales are up; refer to “receivables.”
2. Analyze the scenario and explain three accounts the CFO should review each day and explain why. Focus on short-term balance sheet accounts, i.e., “receivables and payables.”
3. Your business letter should:
• Use the accepted business letter format and example as provided above.
• Utilize Standard English and use correct spelling and grammar.
• Provide a clearly established and sustained viewpoint and purpose.
• The writing should be well ordered, logical and unified, as well as original and insightful.
Your business letter must be written in a minimum of 2 pages using APA 6th edition formatting.
Format of business letters. Business letters are written single-spaced and generally in a block format, which means that everything is aligned to the left margin. In block format, paragraphs are generally not indented, so double space between paragraphs.
A visual example layout and format of a block formatted business letter as described above can be seen below by scrolling down.
[Example block formatted business letter described on page 1.]
XYZ Corporation
16 Heritage Business Park
Boston, Mass.
8/2/20XX
Ms. Carla Tencher
Pilot Airways
Sentry Valley, CA. 22203
Dear Ms. Tencher,
[Body of the letter]
Sincerely,
[Signature goes here]
Richard Tobi, V.P.
Production