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.
The Chief Financial Officer (CFO), Karl Richland of Sentell 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.]
16 Heritage Business Park
Ms. Carla Tencher
Sentry Valley, CA. 22203 Dear Ms. Tencher,
[Body of the letter]
[Signature goes here]
Richard Tobi, V.P.
Production. For more information on Business Letter check on this: https://en.wikipedia.org/wiki/Business_letter
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