Requirement 3. Write a brief memo to the owner advising her of
CityCity
Computers' trend of sales, gross margin, and net income. Indicate whether the outlook for
CityCity
Computers is favourable or unfavourable based on these trends.
To: The Owner
From: Student
Subject: Trend of sales, gross margin, and net income for
CityCity
Computers
In fiscal year
20202020,
CityCity
Computers' sales, gross margin, and net income
▼
These trends lead to
▼
a favourable
an unfavourable
outlook for the company.