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As an employee, write an internal memo to your manager addressing the following:

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 company’s total revenue was from financial services?

 

· In the most recent year reported, what was the company’s gross profit as a percentage of automotive sales?

 

· How might the company’s sales mix (e.g., trucks, cars, sport utility vehicles, etc.) influence its profitability?

 

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