Question: any example to get a idea how a memo format is. Students are to determine an industry (automotive, manufacturing, airlines, defense contractors, or retail) they
any example to get a idea how a memo format is.
Students are to determine an industry
(automotive, manufacturing, airlines, defense contractors, or retail) they are interested in. Next, think about a company within that industry. For example, if the airline industry sparks your interest, then perhaps you would like to know more about Delta airlines. Next, Students should acquire the annual report of the company selected. Annual reports can be downloaded from company websites or from the SEC's EDGAR database. (SEC.gov).
If you are unable to decide on an industry and/or company to use, please feel free to use one of the following:
Kirkland's
REQUIREMENT:
Use the annual report that was located by using the company's website or the SEC website and perform an analysis of the selected company by computing the following three items: return on assets, debt ratio and profit margin.
Communicate with Mrs. Young via memo to report the ratio calculations. Assume that I have NO knowledge of Accounting.
In a memo format (see resources below: the components of a memo, how to write a memo and a sample memo) discuss the meaning of the three ratios, calculate the ratios and show those calculations in your memo. Next discuss how your company's ratios compare with another company within the same industry. For example, if you selected Delta Airlines then you may want to compare it with American Airlines. In order to compare the two, you will need to calculate ratios for BOTH companies
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