Scenario:

The Chief Financial Officer (CFO), Patricia Bendiger of Tellabine Company in Denver, Colorado 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 to the CFO:

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.

4. Your business letter must be written in a minimum of 2 pages using APA 6th edition formatting