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You received the message below from your manager. Respond in memo format.
In past years, our firm has paid cash at the time of purchase for all goods and services. We are considering the use of trade credit when it is made available to us by our suppliers. As some of the managers are unfamiliar with this concept, discuss how it works as well as the potential pros and cons to its usage. Fully overview the subject for us and then make a convincing argument for using or not using trade credit. Then identify and discuss any ethical implications to its usage of which we should be aware.
Instructions are provided in the syllabus. The memo grading rubric is provided under the Syllabus content heading. Use headings or separate paragraphs in the memo to properly identify and introduce topics. Sources should be cited at the end of your memo in APA format.
In terms of format, your memos should be created in Microsoft Word. Make sure your work adheres to the following requirements:
– Times New Roman Font, 12 point (make sure your header and footer also)
– 8.5” x 11” document size, with 1” margins all around
– In the Paragraph settings, make sure the box “Don’t add an extra space between paragraphs of the same style” is checked.
– Single space the entire document, and make sure there are no extra spaces before and after each line (is in the paragraph settings).
Use the Microsoft Word Reference and Citation Manager to handle inserting your in-text citations and “References” page, which should be in APA format. Include 3 referneces.