Revise the Following Sentences to Conform to Standard Business Communication

question 25

Essay

Revise the following sentences to conform to standard business communication principles.Add appropriate details as needed to complete the ideas.
a.
I'd like to take this opportunity to thank you for your participation in our focus group last week.
b.
During the year 2003, the Smith Corporation bought a new building for the amount of $15 million.
c.
If we do not plan ahead for national security, past history will repeat itself again with severe consequences.
d.
Each and every customer receives a free gift when opening a checking account.
e.
The new sick-leave policy was implemented due to the fact that several employees were abusing the privilege. f.In the event that the customer makes a payment in the amount of $500, the company will not report her to a credit agency.
g.We held a meeting yesterday so Terry could make a demonstration of the new computer system.
h. After the dean made an analysis of the college's budget, the department chairs came to an agreement on how to decrease expenditures.
i. There are fewer than 500 people who are admitted to the nursing program per year.

Describe the effects of adjustments in allowance for doubtful accounts on the realizable value of accounts receivable.

Comprehend the calculation and significance of accounts receivable turnover.

Apply the percentage of sales method and the aging of accounts receivable method for estimating bad debts.

Understand the treatment and implications of dishonored notes in accounting.

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Definitions:

Sales Revenue

The income received from selling goods or services over a period of time.

Actual Level

The real, observed or measured value of a variable or condition, as opposed to an estimated or theoretical level.

Flexible Budget

A dynamic budget that changes according to the business activity levels, offering a more adaptable financial planning tool.

Level of Activity

A measure of the volume of production or operations, often influencing cost behavior and used to allocate fixed costs to units of product.