Question: Need Help writing a memo and managerial response. (MUST POST FIRST) Initial Post As an employee, write an internal memo to your manager addressing the
Need Help writing a memo and managerial response.
(MUST POST FIRST) Initial Post As an employee, write an internal memo to your manager addressing the following:
Visit the home page of The Securities & Exchange Commission at the following address: www.sec.gov
Use EDGAR to locate the most recent 10-K by researching an automotive company of your choice on the Internet and examine its consolidated income statement.
- Do not research the company listed in the text.
- In the most recent year reported, what percentage of the companys total revenue was from financial services?
- In the most recent year reported, what was the companys gross profit as a percentage of automotive sales?
- How might the companys sales mix (e.g., trucks, cars, sport utility vehicles, etc.) influence its profitability?
For your response post, you will be taking on the role of the manager and respond to your employees memo. Inform the employee as to what specific managerial decisions, conclusions, and/or judgments can you make from the information provided in that memo. Do not respond to a memo that has already received a managerial response.
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