- The reason for selecting one of the companies from Fortune list of 100 best companies by writing an informational memo report to the instructor and stating the reason why fortune added the company to its list. Gather information about the company’s mission and goals, history, products, services and current news releases. The home office of the company, the leader of the company and number of employees working there has to be mentioned. Introduction :- A business and professional communicator has to be well versed with report writing as reports are fact of life. A good flow of information without much analysis or recommendations are informational reports. A bulleted work status of each member in an email by the team leader to the manager of the team is an example of an informational report.

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Neptune manufacturing planned and produced solution general accounting question

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Chapter 9, Problem 9.2AAC

Summary Introduction

To determine:-

The reason for selecting one of the companies from Fortune list of 100 best companies by writing an informational memo report to the instructor and stating the reason why fortune added the company to its list. Gather information about the company’s mission and goals, history, products, services and current news releases. The home office of the company, the leader of the company and number of employees working there has to be mentioned.

Introduction:-

A business and professional communicator has to be well versed with report writing as reports are fact of life. A good flow of information without much analysis or recommendations are informational reports. A bulleted work status of each member in an email by the team leader to the manager of the team is an example of an informational report.

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Crane Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2017. Jim Alcide, controller for Crane, has gathered the following data concerning inventory. At May 31, 2017, the balance in Crane's Raw Materials Inventory account was $481,440, and Allowance to Reduce Inventory to NRV had a credit balance of $27,240. Alcide summarized the relevant inventory cost and market data at May 31, 2017, in the schedule below. Alcide assigned Patricia Devereaux, an intern from a local college, the task of calculating the amount that should appear on Crane's May 31, 2017, financial statements for inventory under the LCNRV rule as applied to each item in inventory. Devereaux expressed concern over departing from the historical cost principle. Cost Sales Price Net Realizable Value Aluminum siding $ 82,600 $…