Essentials of Business Communication (with Premium Website, 1 term (6 months) Printed Access Card)
Essentials of Business Communication (with Premium Website, 1 term (6 months) Printed Access Card)
10th Edition
ISBN: 9781285858913
Author: Mary Ellen Guffey, Dana Loewy
Publisher: South-Western College Pub
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Chapter 4, Problem 12CT
Summary Introduction

To think critically about:

Why do we not write everything in bulleted lists, because business writing should have high "skim value".

Introduction:

Business writing is a type of formal and professional communication, that includes proposals, memorandum, reports, and other type of writings used to communicate with internal and external stakeholders or individuals. Generally, business writing is informative, transactional, persuasive and instructive. The primary objective of business writing is to transmit information to relevant individuals within an organization, by utilizing appropriate language, tone and clarify with bias-free language and positive expressions.

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3-7. (Working with an income statement and balance sheet) Prepare a balance sheet and income statement for Kronlokken Company from the following scrambled list of items. a. Prepare a common-sized income statement and a common-sized balance sheet. Interpret your findings. Depreciation expense $66,000 Cash 225,000 Long-term debt 334,000 Sales 573,000 Accounts payable 102,000 General and administrative expense 79,000 Buildings and equipment 895,000 Notes payable 75,000 Accounts receivable 153,000 Interest expense 4,750 Accrued expenses 7,900 Common stock 289,000 Cost of goods sold 297,000 Inventory 99,300 Taxes 50,500 Accumulated depreciation 263,000 Prepaid expenses 14,500 Taxes payable 53,000 Retained earnings 262,900 ||

Chapter 4 Solutions

Essentials of Business Communication (with Premium Website, 1 term (6 months) Printed Access Card)

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