Assignment: 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 knowledge 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 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.

Prepare a business letter to the CFO to explain,

1. Why cash can go down even when sales are up; refer 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

not 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 for 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 information.

? 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 block format, which means that everything is aligned to the left

margin. In block format, paragraphs are generally not indented, so doublespace

between paragraphs.

\fAssignment Unit 9 [MT480: Corporate Finance] Case Study This writing Assignment requires research of Cloud Computing. You will learn of Cloud Technologies and similar advanced technologies that support the financial applications of businesses at the local, national, and international levels. Features, benefits, and a comparison of services provided by \"cloud\" vendors will be researched. You will submit a summary of your findings in the format of a business memorandum to your manager. The outline for the memorandum is presented below. This Assignment will assess your knowledge based on the following outcome: GEL-3.4: Examine the effect of science and technology on the natural world. Instructions Prepare a recommendation to support the purchase of the rather \"new\" cloud computing technology. Your recommendation memorandum should include: 1. Explain three significant benefits of cloud computing technology. How do these three items benefit the business strategy in the natural world? 2. Note two vendors of cloud computing technology. Compare two aspects of these two vendors and services. 3. While achieving a favorable return on investment is essential for business ventures, it is equally important to recognize problems caused by science and technology to the business community. In your memorandum discuss the environmental impacts caused by technology as well as solutions to the problem. 4. How does cloud computing allow people to change the business community in ways it would otherwise remain the same? Directions for Submitting Your Assignment Your Assignment must be written in a minimum of 2 pages with APA formattingbusiness memorandum. Please label your Assignment as \"UNIT 9 Cloud - your name\" and submit to the Unit 9 Assignment Dropbox. Unit 9 [MT480: Corporate Finance] MT480 Unit 9 Assignment: Case Study Assignment Points Possible Content (50%) Response successfully answers the assignment questions based upon the three Assignment criteria. The main points of the business memorandum; features, benefits, comparisons, and summary are developed logically and clearly in the required business memorandum format. 25 Analysis and Critical Thinking (30%) Analysis includes proper explanations, comparisons and inferences based on your findings. All facts and comparisons are clearly supported and presented in a manner understood by those unfamiliar with the services. 15 Response exhibits strong higher-order critical thinking and includes appropriate technical terminology and judgments to support recommendations. Response analyzes problems as well as suggests solutions with regards to problems in the natural world caused by the advancements in science and technology. 15 Writing (20%) Sentences are clear, concise, and direct. The business memorandum is free of errors in grammar, punctuation, and spelling. 5 In APA format of a business memorandum. Citations for research findings are presented. 5 Total 65 Points Earned \fUnit 1 [MT480: Corporate Finance] Assignment Assignment: 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 knowledge 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 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. Prepare a business letter to the CFO to explain, 1. Why cash can go down even when sales are up; refer 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 not 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 for 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 information. 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 block format, which means that everything is aligned to the left margin. In block format, paragraphs are generally not indented, so doublespace between paragraphs. Example 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 Assignment: Business Letter Points Possible 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 Points Earned 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. 5 Total 65 [TYPE THE SENDER COMPANY NAME] [TYPE THE SENDER COMPANY ADDRESS] a34xmzz [Type the sender company name] [Type the sender company address] [Type the recipient name] [Type the recipient address] [Type the salutation] On the Insert tab, the galleries include items that are designed to coordinate with the overall look of your document. You can use these galleries to insert tables, headers, footers, lists, cover pages, and other document building blocks. When you create pictures, charts, or diagrams, they also coordinate with your current document look. You can easily change the formatting of selected text in the document text by choosing a look for the selected text from the Quick Styles gallery on the Home tab. You can also format text directly by using the other controls on the Home tab. Most controls offer a choice of using the look from the current theme or using a format that you specify directly. To change the overall look of your document, choose new Theme elements on the Page Layout tab. To change the looks available in the Quick Style gallery, use the Change Current Quick Style Set command. Both the Themes gallery and the Quick Styles gallery provide reset commands so that you can always restore the look of your document to the original contained in your current template. [Type the closing] a34xmzz [Type the sender title] [Type the sender company name]