In teams of two or three students, go to the library to locate one company's annual report for the most recent year. (The university may have received the annual reports of companies either in published form, in microfiche form, or in computer readable format.) Identify the name of the company and the major products or services offered, as well as gross revenues, major expenses, and the trend of profits over the last three years. Calculate trend percentages for revenues, expenses, and profits using the oldest year as the base year. Each team should write a memorandum to management summarizing the data and commenting on the trend percentages. The heading of the memorandum should contain the date, to whom it is written, from whom, and the subject matter.