What should the close of a routine request include?
A) A sincere apology for the inconvenience caused
B) An explanation or justification for the request
C) The phrase "Thank you in advance" to ensure compliance
D) Information about how you can be reached
E) Questions that will help the organization of the message
Answer: D
Explanation: D) Request messages should be closed with a request for some specific action, information about how you can be reached, and an expression of appreciation. Concluding your note with "Thank you" or "Thanks for your help" is fine, although "Thank you in advance" is considered stuffy and presumptuous.
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Explain what amount is recorded in the Additional Paid-in Capital account when stock is issued
The owner of 100 shares of stock of a corporation with 1,000 shares of stock outstanding has a 10% interest in the total stockholders' equity. If a 30% stock dividend is declared and distributed, that stockholder would own what percentage of interest in the corporation?
a. 100; b. 40; c. 30; d. 13; e. 10
A fully-focused organization concentrates on a narrow market segment, but has a wide range of services
Indicate whether the statement is true or false
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A) expand operations B) replace current assets C) renew current assets D) improve leverage