The entry to record the issuing of a note payable for cash results in an increase in liabilities and an increase in assets.
When a company issues a note payable for cash, it is essentially borrowing money. This transaction results in an increase in liabilities because the company now owes a debt represented by the note payable. The company also experiences an increase in assets because it receives cash, which is considered an asset.
The transaction does not result in a decrease in liabilities because the company has incurred a new liability through the note payable. It does not cause a decrease in assets since cash is received. Furthermore, it does not directly impact stockholders' equity, which is the residual interest in the company's assets after deducting liabilities.
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Peter must inform his employees that his company will need to let go of employees. Which word would be best for Peter to use when conveying this idea to his employees
Answer:
a) layoff
Explanation:
These are the options for the question
a. Layoff
b. Rightsizing
c. Streamlining
d. Downsizing
Peter must inform his employees that his company will need to let go of employees. Which word would be best for Peter to use when conveying this idea to his employees
How can you create any elegant and artistic presentation of a cake or pastry considering the product and its container?
If you have 5 stars and 3 moons, what is the ratio of moons to total? Enter your answer in the form of a colon (---:---) *
Answer:
3 : 8
Explanation:
Given the following data;
Number of moon = 3
Number of stars = 5
Total number of objects (stars and moon) = 5 + 3 = 8
Therefore, the ratio of moon to total is 3 : 8 = 3/8
On the other hand, the ratio of stars to total is 5 : 8 = 5/8.
Answer:
3 : 8
Explanation:
Picture this:
First, what is the broblem asking of you?
It's asking the ratio of moons to total. We know that we have 3 moons and 5 stars. Let's start with that basic info.
Then the problem is asking moons to total... there are 3 moons and 8 total because 5 + 3 = 8.
Moons = 3Total = 8Moons to total = 3 : 8.Could I get a "BRAINLIEST" too? :)
as you are creating Medical tourism company
plan
answer the following
Opportunity Statement:
What is the nature and size of the opportunity or problem?
(the underlying need )
What forces are c
The nature and extent of the opportunity in the medical tourism sector are determined by the growing demand for high-quality healthcare services as well as the need for financial savings and access to specialized treatments.
The practice of traveling abroad to acquire medical care or services that are either unavailable or more expensive where the person resides is known as medical tourism. Medical treatments and operations are becoming more expensive for people to afford in many countries due to rising healthcare expenses. As a result, medical tourism businesses have the chance to provide patients who are looking for economical options.
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In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.
Which of the following forms of Regionalism have a common trade policy with outsiders? Custom Union Common Market Economic Union All of the above
The correct answer is all of the above. All of the above forms of Regionalism have a common trade policy with outsiders. In a Customs Union, member countries agree to adopt a common external tariff on imports from non-member countries.
In a Common Market, in addition to a common external tariff, member countries also allow the free movement of goods, services, and factors of production (such as labor and capital) among themselves. In an Economic Union, member countries not only have a common external tariff and free movement of goods, services, and factors of production, but they also coordinate their economic policies, including fiscal, monetary, and social policies. All of the above forms of Regionalism have a common trade policy with outsiders. In a Customs Union, member countries agree to adopt a common external tariff on imports from non-member countries.
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.3. One day you happen to hear a snippet of conversation between two graduate students, who are drinking coffee and contemplating an open box of exquisitely delicious chocolate truffles in the Page Break Café. The first student opines that one can definitely outline a set of objective design principles that should underpin the construction of any professional chart or map. The second student disagrees vehemently and argues that the one and only important thing to worry about is aesthetics. The first student is speechless. What do you think? Use your knowledge of data visualization to inform your answer, and be sure to explain your answer carefully.
The debate between the two graduate students revolves around the importance of objective design principles versus aesthetics in the construction of professional charts or maps.
Objective design principles in data visualization serve as guidelines to ensure clarity, accuracy, and effective communication of information. These principles include considerations such as appropriate use of colors, legibility of text, proper labeling, and accurate representation of data. By adhering to these principles, charts and maps can convey the intended message clearly, facilitating data comprehension and analysis.
However, aesthetics cannot be disregarded. Visual appeal and aesthetics contribute to the overall user experience and can enhance engagement with the data. An aesthetically pleasing chart or map can captivate the viewer's attention, stimulate interest, and encourage exploration of the data. Attention to aesthetics involves aspects such as visual balance, appropriate use of visuals and typography, and overall design coherence.
Both objective design principles and aesthetics are important in data visualization because they serve different purposes. Objective design principles ensure accuracy and effective communication, while aesthetics enhance engagement and user experience. Striking a balance between these two aspects is crucial to create visually appealing and informative visualizations that effectively convey the intended message while engaging the audience.
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Which business letter feature is found at the top of the page?
answer:
Letter head
Explanation:
typically has the companies logo at the top of the page
A bond with a 9-year duration is worth $1,080, and its yield to maturity is 8 %. If the yield to maturity falls to 7.84% , you would predict that the new value of the bond will be approximately $1,035 $1,036 $1,094 $1,124
The new value of the bond is approximately $1,036. 9-year duration and is currently worth $1,080 with a yield to maturity of 8%. If the yield to maturity falls to 7.84%
The value of a bond is inversely related to its yield to maturity. As the yield to maturity falls, the value of the bond increases. In this case, the bond has a 9-year duration and is currently worth $1,080 with a yield to maturity of 8%. If the yield to maturity falls to 7.84%, we can predict the new value of the bond using the formula:
New value of bond = (Coupon payment / Yield to maturity) x [1 - (1 / (1 + Yield to maturity) ^ Number of years)] + (Face value / (1 + Yield to maturity) ^ Number of years)
Plugging in the values, we get:
To understand why the value of a bond changes with a change in yield to maturity, we need to understand the concept of bond pricing. The value of a bond is the present value of all future cash flows from the bond. These cash flows include coupon payments and the face value of the bond at maturity. The present value of these cash flows depends on the prevailing interest rates in the market. If the market interest rates rise above the coupon rate of the bond, the value of the bond falls. This is because investors can earn a higher return by investing in other bonds with higher coupon rates. Conversely, if the market interest rates fall below the coupon rate of the bond, the value of the bond rises. This is because investors are willing to pay a premium for the higher coupon rate. The yield to maturity is the total return an investor will earn if they hold the bond until maturity. It takes into account the coupon payments, the face value of the bond, and the price paid for the bond.
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why is time management important to an event organiser
Answer:
The importance of time management is a commonly-heard phrase and skill, whether in job descriptions, event management or just your day to day life. The better you manage your time, the more efficient you will be. It also helps you recognize how much you can achieve in a day by setting targets and deadlines.
Explanation:
2 part question i need help pls its econ
Answer:
the first question is progressive
Explanation:
because if you look at the table it shows that the tax rate went up 2 %
Answer:
2. income tax
Explanation:
ive done this question before
discuss and record what global warming is and what greenhouse gases are. How does this connect to our research topic?
Answer:
Global warming describes the current rise in the average temperature of Earth’s air and oceans. Global warming is often described as the most recent example of climate change.
Greenhouse gases, such as carbon dioxide, methane, nitrous oxide, and certain synthetic chemicals, trap some of the Earth's outgoing energy, thus retaining heat in the atmosphere. This heat trapping causes changes in the radiative balance of the Earth—the balance between energy received from the sun and emitted from Earth—that alter climate and weather patterns at global and regional scales.
So I am not sure what is your topic about but this is the definition of global warming and greenhouse gases
Which of the following accounts would normally have a credit balance and appear in the balance sheet?
A. Dividends.
B. Salary expense.
C. Revenue.
D. Uneamed revenue.
E. Accounts receivable.
The account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.
The following information is relevant:
The dividend contains the normal debit balance and the same is to be shown under the stockholder equity statement.The salary expense is to be shown under the income statement and contains a normal debit balance.The revenue is to be shown under the income statement & contains a normal credit balance.Unearned revenue is a liability account and contains a normal credit balance. Also, it is to be shown under the balance sheet.The account receivable is an asset account & it contains a normal debit balance. Also, it is to be shown under the balance sheet.Therefore we can conclude that the account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.
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The law of supply states that the higher the price of goods the more supply.
Answer:
Explanation:The law of supply is an economic principle that describes the relationship between the price of a good or service and the quantity that producers are willing to supply. The law of supply states that, all other factors being equal, as the price of a good or service increases, the quantity supplied will also increase, and vice versa. This is because higher prices make it more profitable for producers to sell their goods or services, so they will increase production to meet the higher demand. Conversely, lower prices make it less profitable to produce, so producers will decrease their output. This law is one of the fundamental concepts in economics and is important for understanding how markets operate.
suppose damaris is a fan of young-adult fiction and buys only young-adult books. damaris deposits $2,000 into a savings account that pays an annual nominal interest rate of 5%. assume this interest rate is fixed, and so it will not change over time. on the day she makes her deposit, suppose that a young-adult book has a price of $10.00.'
Initially, the purchasing power of Damaris's $2,000 deposit is 200 young-adult book.
What does Purchasing power mean?Basically, a purchasing power means value of a currency expressed in terms of the number of goods or services that one unit of money can buy.
A purchasing power can weaken over time due to inflation because the rising prices effectively decrease the number of goods or services you can buy. In other word, a purchasing power is also known as a currency's buying power.
Purchasing power = Initial deposit / Price
Purchasing power = $2,000 / $10 per book
Purchasing power = 200 Book.
Missing words" Initially, the purchasing power of Damaris's $2,000 deposit is ________ young-adult book.
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Mary Lou, who has connections to the local bakers, supplies 4 types of delicious cookies (that she knows is a success among her fellow students) to each of the 3 dining halls on campus after a small mark-up. She takes the order from each of the dining halls every day, places the order with the right bakery, and supplies to the dining hall warm and fresh each morning. Which of the following is true about Mary Lou's supply chain?
a. Mary Lou is using a push model.
b. Mary Lou is using a pull model.
c. Mary Lou is experiencing the bull whip effect.
d. Mary Lou has an accurate demand forecast.
e. None of the above are true.
Mary Lou is using a pull model in her supply chain. In a pull model, the production is based on actual demand, which means the orders are triggered based on customer demand. The correct option is b.
Mary Lou takes the orders from each of the dining halls every day and places the order with the bakery based on the actual demand from the customers. This helps to ensure that the cookies are always fresh and warm, and there is no wastage of inventory.
The push model, on the other hand, is based on anticipated demand, and the production is done in advance. This model can result in excess inventory, which can lead to waste and higher costs.
Mary Lou's supply chain is not experiencing the bullwhip effect because there are no significant fluctuations in demand, and she is not overstocking or understocking inventory. The bullwhip effect occurs when there is a distortion in demand information as it moves up the supply chain, resulting in excess inventory or stockouts.
Finally, it can be assumed that Mary Lou has an accurate demand forecast since she is able to supply the right quantity of cookies every day based on customer demand. Therefore, the correct answer is that Mary Lou's supply chain is using a pull model.
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Target's Market Pantry is an example of which of the following brand types?
Private label brand
Generic
Name brand
Corporate brand
Answer:
Name brand. hope this helps
Aligned with the overall goals of the company, Janey's work focuses on production, warehousing, quality control, and logistics. What functional area
of the business does Janey work in?
O A.
OB. Operations
OC. Marketing
OD. Maintenance
Management
Janey works in the functional area of option A. Operations
What does functional area in business mean?In business, functional areas refer to the specialized departments or units within a company that are responsible for carrying out specific business functions or activities. These functional areas are often categorized based on their primary objectives or responsibilities and may vary depending on the size and nature of the business.
Some common functional areas in business include:
Finance and Accounting: responsible for managing financial resources, budgeting, financial analysis, financial reporting, and tax compliance.
Human Resources: responsible for recruitment, hiring, training, performance management, employee relations, and benefits administration.
Marketing and Sales: responsible for developing marketing strategies, promoting products or services, generating leads, and closing sales.
Operations and Production: responsible for managing production processes, ensuring quality control, maintaining inventory, and logistics management.
Information Technology: responsible for developing and maintaining the company's technology infrastructure, managing data and information systems, and providing technical support to the organization.
Each of these functional areas plays a critical role in the success of a business, and effective coordination between these areas is essential for achieving business objectives.
Janey's work focuses on production, warehousing, quality control, and logistics, which are all related to the operational functions of a business. Therefore, Janey works in the functional area of Operations.
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Suppose a company incurs the following costs:
Labor $800
Equipment $400
Materials $300
It owns the building, so it doesn't have to pay the usual $900 in rent.
a. Total accounting cost is equal to _____,
b. Total economic cost is equal to _____,
c. What is the new accounting and economic costs change it the company sold the building and then leased it back?
Total accounting cost is equal to the sum of all expenses directly incurred by a company in conducting its business operations. In this case, the total accounting cost of the company is $1,500.
Total accounting cost = Labor + Equipment + Materials = $800 + $400 + $300 = $1,500
b. Total economic cost includes all explicit and implicit costs associated with a company's operations. Implicit costs are the opportunity costs of using the resources a company already owns rather than selling them for their market value. In this case, the total economic cost of the company is:
Total economic cost = Accounting cost + Implicit cost
Implicit cost = Rent saved by not leasing the building = $900
Total economic cost = Accounting cost + Implicit cost = $1,500 + $900 = $2,400
c. If the company sold the building and then leased it back, it would have to pay rent, which would increase its accounting cost. However, the implicit cost would decrease, as the company would be able to earn income by selling the building.
The net effect on economic cost would depend on the specific details of the sale and leaseback arrangement, including the terms of the lease and the market value of the building.
However, if the company could lease the building back for less than $900 per month, the economic cost would decrease. If the leaseback cost exceeded $900 per month, the economic cost would increase. The accounting cost would be affected by the rent paid under the leaseback arrangement.
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When starting a small business, government agencies such as the Small Business Administration (SBA), the Farmers Home Administration, the Economic Development Authority, and the Minority Business Development Agency are possible sources of: Multiple select question. customers information interest free loans capital
The government agencies like SBA and farmers' home administration are possible sources of capital. Thus the correct answer is D.
What is capital?Capital refers to the total amount of capital assets required to generate goods or services in a business. This amount can be used to start a business, manage daily operations of the business, or grow and extend it.
These institutions the Small Business Administration (SBA), the Farmers Home Administration, the Economic Development Authority, and the Minority Business Development Agency help to provide small businesses with financial assistance in terms of capital and loans and provide training to manage things in the business.
Therefore, option D capital is the correct answer.
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All of the following are considered a major consideration in determining an advertising budget except the budgeting method used.the nature of the market.the role of advertising in overallpromotional objectives.the product life cycle.the nature of the product.
When it comes to advertising budgets, there are several major considerations to keep in mind, including the nature of the market, the role of advertising in overall promotional objectives, the product life cycle, and the nature of the product itself.
However, one consideration that is not typically considered a major factor in determining an advertising budget is the budgeting method used.
The reason for this is that there are several different methods that can be used to allocate an advertising budget, including the percentage of sales method, the competitive parity method, and the objective-and-task method, among others.
Each of these methods has its own strengths and weaknesses, and the choice of which method to use will depend on a number of different factors, including the size of the company, the nature of the product or service being advertised, and the overall marketing strategy.
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A tax adjustment must be made in determining the cost of ________.
a. common stock
b. long-term debt
c. retained earnings
d. preferred stock
A tax adjustment must be made in determining the cost of long-term debt.
Any debt that will take your company more than a year to pay off is considered long-term debt. The balance sheet must be changed to reflect fair market value when valuing a firm. The current market rate of interest, not the interest rate stipulated in the loan agreement, should be used to bring the long-term debt down to its net present value.
The Adjusted Net Asset value will be off if the long-term debt is not valued at fair market value. This creates a few issues. The Adjusted Net Assets will not be presented accurately, to start. If the Adjusted Net Assets are overstated or understated, it will be determined by the market interest rate. Second, there may be a claim that you violated the development criteria since the long-term loan wasn't valued at fair market value, which might subject you to further liabilities.
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Callahan, inc. , sells a forward on ounces of gold to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory. The forward represents a perfect cash flow hedge. When callahan settles the forward, it pays $100,000 to the counterparty. Required: what journal entry(ies) should callahan make prior to and at the settlement date?
Prior to the settlement date, Callahan Inc. should record the fair value of the forward contract as a journal entry, and at the settlement date, they should record the settlement by debiting the Gold Receivable and crediting Cash.
At the settlement date, Callahan Inc. should make the following journal entry to record the settlement of the forward contract:
Dr. Gold Receivable (or Forward Contract Asset) $100,000
Cr. Cash $100,000
The net effect of these journal entries is to record the fair value of the forward contract prior to settlement and then to recognize the cash settlement when it occurs.
By doing so, Callahan Inc. is able to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory, as the gain or loss on the forward contract will offset any changes in the fair value of the gold inventory.
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Which of the following should show a profit in order for a financial institution to give a the company a loan
a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable
Answer:
A I think not really sure hope this helps you
The following partially completed T-accounts are for Stanford Corporation:
Raw Materials
Debit Credit
Balance 7,000 (2) 24,000
(1) 19,000
Work In Process
Debit Credit
Balance 11,000 (7) ?
(2) 15,000
(4) 18,000
(6) 31,000
Finished Goods
Debit Credit
Balance 18,000
(7) 62,000
15,000
Manufacturing Overhead
Debit Credit
(2) 9,000 (6) 31,000
(3) 16,000
(4) 8,000
(5) 5,000
Accumulated Depreciation--Factory
Debit Credit
Balance 82,000
(3) 16,000
Sales Salaries Expense
Debit Credit
(4) 11,000
Accounts Payable
Debit Credit
Balance
(1) 19,000
(5) 5,000
Salaries and Wages Payable
Debit Credit
Balance 7,000
(4) 37,000
The indirect labor cost is:
"The indirect labor cost for Stanford Corporation is $7,000"
To determine the indirect labor cost, we need to look at the Manufacturing Overhead account. Indirect labor costs are typically included in the Manufacturing Overhead category.
From the provided T-account for Manufacturing Overhead, we can see the following transactions:
Debit:
(2) $9,000
(3) $16,000
(4) $8,000
(5) $5,000
Credit:
(6) $31,000
To calculate the total indirect labor cost, we sum up the debit amounts and subtract the credit amount:
Total indirect labor cost = (Debit amounts) - (Credit amounts)
= ($9,000 + $16,000 + $8,000 + $5,000) - ($31,000)
= $38,000 - $31,000
= $7,000
Therefore, the indirect labor cost for Stanford Corporation is $7,000.
Indirect labor cost refers to the expenses incurred by a company for the labor that supports the production process but is not directly involved in the creation of the final product. It includes the wages, benefits, and other costs associated with employees who perform tasks that are necessary for the production process but do not contribute directly to the conversion of raw materials into finished goods.
Indirect labor can encompass a wide range of activities and roles within a company, such as maintenance personnel, supervisors, quality control inspectors, material handlers, machine operators, janitorial staff, and administrative employees supporting production operations. These individuals provide essential support services to keep the production process running smoothly.
Indirect labor costs are considered part of the overhead costs of a company and are typically allocated to products or production units based on predetermined allocation methods. These costs are important to track and allocate accurately, as they contribute to the overall cost of producing goods or providing services. Proper management of indirect labor costs is essential for evaluating the profitability and efficiency of a company's operations.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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The distribution of a good or service is called__.
a. economics
b. allocation
c. scarcity
Answer: A
Explanation:
Answer:B) allocation
Explanation:this means to distribute or divide something
Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash.
Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash, this will be traded in Financial asset markets.
What is Financial asset markets?A financial asset market is a place where a contractual right to a specific type of wealth can be purchased and sold. This is typically distinguished by the asset's liquidity, or how quickly it can be converted to cash, and includes financial assets such as savings and checking accounts, stocks and bonds, and mortgages.
One of the distinguishing characteristics of wealth traded on such a market is that it does not always have direct or linear ties to actual physical value, as in the case of land, jewellery, or art.
Trading environments for a financial asset market, such as a stock market or bond market, are prone to fluctuation due to a variety of seemingly unrelated market conditions.
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Complete question:
You are preparing to take an exam in your finance class, and you’ve been making flash cards on different markets and transactions. Indicate the markets in which each of the following transactions will be traded:
Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash. Financial asset markets
smashed pumpkins co. paid $216 in dividends and $638 in interest over the past year. the company increased retained earnings by $534 and had accounts payable of $714. sales for the year were $16,615 and depreciation was $760. the tax rate was 35 percent. what was the company's ebit?
The company's ebit is $14,297. EBIT is an important indicator of a company's ability to generate profits from its operations and can be used to compare the performance of different companies within the same industry.
EBIT stands for Earnings Before Interest and Taxes. It is a financial metric that measures a company's profitability before considering the cost of its interest and taxes. EBIT is also known as operating income or operating profit and is a key metric used to evaluate a company's financial performance. It is calculated by taking a company's revenue and subtracting all of its operating expenses, including cost of goods sold (COGS) and general and administrative expenses, but not including interest and taxes.
To calculate EBIT, you would start with Sales (revenue) and then subtract all the costs that are not interest or taxes.
EBIT = Sales - (Depreciation + Operating Expenses + Taxes)
In this case, we are not given Operating Expenses, but we know that the company paid $216 in dividends, $638 in interest, and $714 in accounts payable.
So, EBIT = $16,615 - ($760 + $216 + $638 + $714)
EBIT = $16,615 - $2,318
EBIT = $14,297
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Why should you avoid the use of sarcasm, clichés, and idioms in business
letters?
Answer: because their use does not meet business English standards.
Explanation:
In business letters, it is important to avoid the use of sarcasm, clichés, and idioms in business letters because their use does not meet business English standards.
A business letter should be professional and there should be an easy and effective communication as messages should be passed across and understood. The use of vague words, sarcasm and cliche should be avoided.
Answer: because their use does not meet business English standards.
Explanation:
Most reliable