Communication and the Audience
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- Date Submitted: 03/22/2012 07:56 PM
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TO: Mark
FROM: Beth
DATE: October 11, 2010
SUBJECT: Review of JJJ Company Financials
Dear Mark:
Let me summarize the outcome of our meeting last Wednesday with members of the committee pertaining to the financial stability of JJJ Company.
First of all the JJJ Company has been in business since 2000. Although they have had a rough start, their financial statements reveal a modest profit within the first three years of operation. Sales revenue was at its peak in 2002 with profits rising to record numbers. Unfortunately, JJJ Corporation caters to local clients whose demand for their services slowly has decreased throughout the past two years. With revenue now decreasing within the last six months we believe the lack of worldwide client support is the reason for the decline in sales. It is possible that if sales were extended nationally revenue may begin to rise again. In addition, we suspect the slow economy has also taken its toll on this company. Our final analysis of the stability of this corporation has pointed us to the conclusion that JJJ Corporation will have a severe loss of revenue within the next year. Therefore, we believe it is in our best interest to defer from moving forward with the acquisition of this corporation.
We think that this decision is in the best interest of our company. Perhaps with the expert sales experience and the efforts of the sales staff there may be a way to devise a plan to regain sales revenue for the JJJ Company. Unfortunately, until that happens we will have to stand by our decision. Should you have any questions please don't hesitate to call the office.
To: Peer in accounting department
From: Berth (Staff Accountant)
Subject: Advice the accounts department on the status of due diligence investigation
Date: October 11, 2010
The status of the due diligence investigation is required to be told to the accounts department so that they may the correct financial picture of the organization....
FROM: Beth
DATE: October 11, 2010
SUBJECT: Review of JJJ Company Financials
Dear Mark:
Let me summarize the outcome of our meeting last Wednesday with members of the committee pertaining to the financial stability of JJJ Company.
First of all the JJJ Company has been in business since 2000. Although they have had a rough start, their financial statements reveal a modest profit within the first three years of operation. Sales revenue was at its peak in 2002 with profits rising to record numbers. Unfortunately, JJJ Corporation caters to local clients whose demand for their services slowly has decreased throughout the past two years. With revenue now decreasing within the last six months we believe the lack of worldwide client support is the reason for the decline in sales. It is possible that if sales were extended nationally revenue may begin to rise again. In addition, we suspect the slow economy has also taken its toll on this company. Our final analysis of the stability of this corporation has pointed us to the conclusion that JJJ Corporation will have a severe loss of revenue within the next year. Therefore, we believe it is in our best interest to defer from moving forward with the acquisition of this corporation.
We think that this decision is in the best interest of our company. Perhaps with the expert sales experience and the efforts of the sales staff there may be a way to devise a plan to regain sales revenue for the JJJ Company. Unfortunately, until that happens we will have to stand by our decision. Should you have any questions please don't hesitate to call the office.
To: Peer in accounting department
From: Berth (Staff Accountant)
Subject: Advice the accounts department on the status of due diligence investigation
Date: October 11, 2010
The status of the due diligence investigation is required to be told to the accounts department so that they may the correct financial picture of the organization....