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Response the below post, you will be taking on the role of the manager and respond to your employee's memo.

Response the below post, you will be taking on the role of the manager and respond to your employee's memo. Inform the employee as to what specific managerial decisions, conclusions, and/or judgments can you make from the information provided in that memo.

POST:

TO: THE MANAGER

FROM: EMPLOYEE SUBJECT: REVIEW OF AT&T'S ANNUAL REPORT

This memorandum is to inform you about AT&T's latest annual report as of December 31, 2018.

The highest price sold for AT&T's common stock was for $39.16 Million Dollars and the lowest price sold for the company's common stock was for $27.36 Million Dollars. From the 14,000,000,000 authorized shares, AT&T has 6,495,231,088 in outstanding shares. The average price for which these shares were originally sold was for $31.23 Million Dollars. The relationship between the current market price and the average price for common stock is that the values determine whether or not the company is worth the investment from potential buyers. The basic earnings per share was $2.85 Dollars and due to this positive trend, the discontinued operations did not have much of a negative impact on the earnings per share. The average number of shares used to compute the basic earnings per share was 6,778,000. This number is different from the number outstanding on the company's balance sheet due to the amount of shares authorized and issued.

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