Business letter | Business & Finance homework help




: Corporate Finance








: 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 know


ledge based on the following outcome:







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 yo


ur 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; ref


er to




2. Which three accounts should the CFO review each day and why? Focus on





term balance sheet accounts, i.e., “


receivables and payables




The following is a general structure for informational business letters; however, this is




t a template, and modifications may be necessary for composing this type of letter.


An example is included at the end of this list.





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 f


or 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





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






: Corporate Finance





Closing paragraph.


Here is where you might give your strongest point or last


pitch and provide contact inf





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 bloc


k format, which means that everything is aligned to the left


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



space between paragraphs.




e 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






MT480 Unit 1 Assign


ment: Business Letter














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.




Analysis and Critical Thinking




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






Unit 1






: 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.








Sentences are clear, concise, and direct, free of errors in


grammar, punctuation, and spelling.




Presentation is in the APA format of a business letter.


Citations for research findings are presented.










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