Essentials of Business Communication 10th Edition by Dana Loewy,Mary Ellen Guffey

Exercise 14

Review Sections 2.16-2.19 in the Grammar/Mechanics Handbook. Then study each of the following statements. Insert any necessary punctuation. Use the delete sign to omit unnecessary punctuation. In the space provided, indicate the number of changes you made and record the number of the G/M principle(s) illustrated. (When you replace one punctuation mark with another, count it as one change.) If you make no changes, write 0. This exercise concentrates on semicolon and colon use, but you will also be responsible for correct comma use. When you finish, compare your responses with those shown at the end of the book. If your responses differ, study carefully the principles shown in parentheses.

______________________ 1. "Green" technologies are gaining a strong following consequently many industries are beginning to produce green products and recycling programs.
______________________ 2. Cash resulting from holiday product sales does not arrive until January therefore our cash flow becomes critical in November and December.
______________________ 3. We must negotiate short-term financing during the following months October November and December.
______________________ 4. The largest American corporations offering financial services are: Bank of America and JPMorgan Chase.
______________________ 5. Although some firms rarely need to borrow short-term money many businesses find that they require significant credit to pay for current production and sales costs.
______________________ 6. A supermarket probably requires no short-term credit a seasonal company such as a ski resort however typically would need considerable short-term credit.
______________________ 7. We offer three basic types of short-term lines of credit commercial paper and single-payer credit.
______________________ 8. Speakers at the conference on credit include the following businesspeople Teresa Moore financial manager American International Investments Patrick Coughlin comptroller NationsBank and Margie Mullis legal counsel Fidelity National Financial.
______________________ 9. The prime interest rate is set by one or more of the nation's largest banks and this rate is offered to a bank's best customers
______________________ 10. Many methods are used to calculate finance charges for example average daily balance adjusted balance two-cycle average daily balance and previous balance.
______________________ 11. Hot Topic which is a small clothing retailer with a solid credit rating recently applied for a loan however Union Bank refused the loan application because the bank was short on cash.
______________________ 12. When Hot Topic was refused by Union Bank its financial managers submitted applications to: Chemical Bank, Washington Mutual, and Wells Fargo.
______________________ 13. The cost of financing capital investments at the present time is very high therefore Hot Topic's managers elected to postpone certain expansion projects.
______________________ 14. Apple earns most of its income from the following: Macs, iPads, and iPhones.
______________________ 15. Several investors decided to pool their resources then they could find attractive investments for large-scale projects.