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Your friend, Alma, is writing a cover letter for a job application. Knowing that you are taking a business communication class, she asks for your advice on the letter format. Which letter format would you advise Alma to use? What are the main characteristics of this format? Why would you advise her to use this format in particular?
Non-Cash Expenses
Expenses recorded on an income statement that do not involve a direct cash outflow, such as depreciation.
Millions
A numerical value or unit representing one million units of a currency or indicating a quantity of one million in number.
Cash Flow
The total accounting of funds moving in and out of a business, directly affecting its capability to remain solvent.
Stockholders
Individuals or entities that own shares in a corporation, giving them partial ownership.
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