Revise each paragraph to make it easier to read. Change, rearrange, or delete words and sentences; add
Question:
Revise each paragraph to make it easier to read. Change, rearrange, or delete words and sentences; add any material necessary.
a. Once a new employee is hired, each one has to be trained for a week by one of our supervisors at a cost of $1,000 each which includes the supervisor’s time. This amount also includes half of the new employee’s salary, since new hires produce only half the normal production per worker for the week. This summer $24,000 was spent in training 24 new employees. Absenteeism increased in the department on the hottest summer days. For every day each worker is absent we lose $200 in lost production. This past summer there was a total of 56 absentee days taken for a total loss of $11,200 in lost production. Turnover and absenteeism were the causes of an unnecessary expenditure of over $35,000 this summer.
b. One service is investments. General financial news and alerts about companies in the customer’s portfolio are available. Quicken also provides assistance in finding the best mortgage rate and in providing assistance in making the decision whether to refinance a mortgage. Another service from Quicken is advice for the start and management of a small business. Banking services, such as paying bills and applying for loans, have long been available to Quicken subscribers. The taxpayer can be walked through the tax preparation process by Quicken. Someone considering retirement can use Quicken to ascertain whether the amount being set aside for this purpose is sufficient. Quicken’s website provides seven services.
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Business and Administrative Communication
ISBN: 978-0073403182
10th edition
Authors: Kitty o. locker, Donna s. kienzler