The purpose of this assignment is to evaluate data from a company’s financial statements to make relevant business decisions.
accounting
Description
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Luna Profitability: Memo to the Manager |
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The
purpose of this assignment is to evaluate data from a company’s financial statements
to make relevant business decisions.
Use the information
provided in Case 5.6 in Appendix 5A of the textbook, Understanding Financial Statements, to write
a 250-500-word memo to your manager, the chief operating officer of Luna
Lighting. Summarize the information from the 3 years’ financial
statements, the ratio calculations, and industry comparisons provided in
the case to present possible solutions to the company's profitability
problems. Be sure to conclude with projecting the future success of the company
based on your findings.
No
specific memo template will be provided, but a professional memo format is
still expected. You may utilize resources from the Microsoft Word Suite and
the Internet to assist in developing a professional memo.
APA style
is not required, but solid academic writing is expected.
This
assignment uses a rubric. Please review the rubric prior to beginning the
assignment to become familiar with the expectations for successful completion.
You are required to submit
this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for
assistance.
