Which of the Following Would Be the Most Effective Statement

question 57

Multiple Choice

Which of the following would be the most effective statement in a letter refusing a local organization's requestfor a charitable donation?

• A)Even though our budget won't allow a contribution this year,we hope to be able to contribute next year.
• B)Please accept our sincerest apologies for being unable to donate to your cause.
• C)We are unable to contribute this year because of budget constraints.
• D)Unfortunately,company policy prevents us from donating to your cause.

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Definitions:

Common Shares

Equity investments representing ownership in a corporation, granting holders voting rights and a share in the company's profitability.

Earnings Per Share

A financial ratio that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Growth Stocks

Shares in companies that are expected to grow at an above-average rate compared to other companies in the market.

Dividends

Money disbursed by a firm to its stock owners, often as a share of profits.