QuestionPrepare a business memo in Word addressed to Mark Zuckerberg discussing

QuestionPrepare a business memo in Word addressed to Mark Zuckerberg discussing the following: 1. AccountBook obtains a $500000 loan and Mark Zuckerberg contributes $250000 of his own assets in exchange for common stock in the new company. a. What is the new company s total amount of liabilities plus equity? b. What is the new company s total amount of assets? 2. If the new company earns $80000 in net income in the first year of operation compute its return on asset (assume average assets equal $750000). Assess its performance if competitors average a 10% return.