Newton Company currently produces and sells 15,000 units of a product that has a contribution margin of $7 per unit. The company sells the product for a sales price of $23 per unit. Fixed costs are $38,000. The company is considering investing in new technology that would decrease the variable cost per unit to $14 per unit and double total fixed costs. The company expects the new technology to increase production and sales to 29,000 units of product. What sales price would have to be charged to earn a $98,000 desired profit assuming the investment in technology is made?

Read the article, "Tablets In The Field: Pipeline Post-Construction Restoration Monitoring Case Study" found within this week's University Library Readings. Search the Internet for other studies where organizations have found efficiencies through the use of mobile technology. Think about ways mobile computing devices would benefit your current or future organization.

Due Thursday

Respond to the following in a minimum of 175 words:

• What are the benefits and risks of mobile technology for the employees?
• Is mobile technology more beneficial to the organization or its employees?
• Why or why not?

Urgent need: please solve this question below:

A description of how your chosen Information Systems Technology is currently being used in different areas of business, government or and/or society. If your technology is being used in many different areas, try and focus on four areas that either have a high impact or that interest your group. Be sure to include the impacts that the technology is having on each of these areas. Your impacts should include both quantitative (e.g., financial, etc.) as well as qualitative (e.g., quality of life, etc.) ones. In addition, describe 3-4 advantages and 3-4 disadvantages of the use of the technology in these areas. For the advantages, you should clearly describe how/why these are advantages, whether or not they are sustainable and why. For the disadvantages, you should clearly describe why they are disadvantages, how serious these disadvantages are and whether or not there are any ways to overcome these disadvantages.

The New Athletics Company produces a wide variety of outdoor sports equipment. Its newest​ division, Golf​ Technology, manufactures and sells a single​ product: AccuDriver, a golf club that uses global positioning satellite technology to improve the accuracy of​ golfers' shots. The demand for AccuDriver is relatively insensitive to price changes. The following data are available for Golf​ Technology, which is an investment center for New Athletics

Requirements

Corporate Formation

Steve and Betty Crespi are married and have a gifted son, David, aged 13. While Steve was an engineer, he started Crespi Creations in 2010 as the proprietor. Through Crespi Creations, Steve bought, refurnished and resold vintage furniture from flea markets for a profit.

David, fascinated with the computer since an early age, used an online legal service, and easily and on his own, incorporated Crespi Creations in 2010. One day, the corporation paperwork arrived in the mail and Steve was furious when he learned what his young son, David, did. Steve had no idea and clearly did not give David permission or authority to do that. David freely offered an impish apology. Steve, though, did not undo the corporation but instead filed corporate annual reports with his home state.

In the ensuing years, the Crespi’s bought old and vintage furniture to refinish at a profit although they incurred losses in the first two years. They used their personal credit cards and checking accounts for Crespi Creations’ business expenses and to deposit income earned. They never kept any records for Crespi Creations.

Steve and Betty prepared and filed Forms 1040 U.S. Individual Income Tax Returns, for 2010 and 2011 in addition to a Schedule C, Profit or Loss From Business that identified the principal business of Crespi Creations as “Refinsih Furniture.” The Crespi’s reported Schedule C losses of $21,513 for 2010 and $14,066 for 2011. They reported many business expenses but did not keep any logs for any of the expenses. They did retain their credit card statements however.

The IRS examined the 2010 and 2011 tax returns of the Crespi’s and issued a notice of deficiency. The IRS removed the Schedule C amounts (losses) and adjusted the tax liability, asserting that Crespi Creations was a corporation not a sole proprietorship able to use a Schedule C.

The Crespi’s quickly contacted you to understand the issues. Prepare a memo addressed to Steve and Betty Crespi to explain whether the Crespi’s were allowed to deduct the Crespi Creations expenses on their personal income tax return. You may consult the following cases.

?Moline Properties., Inc. v. Commissioner, 319 U.S. 436, 438 (1943)

Rochlani v. Commissioner, T.C. Memo. 2015-174

Your memo should be fully developed, use logical reasoning, grammar and punctuation. First, state the issue. Provide a brief statement of facts, a discussion of the factors and end with a conclusion.

Sample Memorandum Format

Memorandum

To:

From:

Re:

Date:

Issue

Statement of Facts

Discussion

Conclusion

1/1/2009 Plymouth acquired 60% interest in Sander in exchange for various considerations totaling $570,000. At the acquisition date,

NCI's FV: $380,000

Sander's BV: $850,000

Sander had developed internally a customer list that was not recorded on its books but had an acquisition-date fair value of $100,000. This intangible asset is being amortized over 20 years.

Plymouth sold Sander land with a book value of $60,000 on Jan. 2, 2009, for $100,000. Sander still holds this land at the end of the current year.

Sander regularly transfers inventory to Plymouth. In 2009, it shipped inventory costing $100,000 to Plymouth at a price of $150,000. During 2010, intercompany shipments totaled $200,000, although the original cost to Sander was only $140,000. In each of these years, 20% of the merchandise was not resold to outside parties until the period following the transfer.

Plymouth uses the partial equity method. Plymouth owes Sander $40,000 at the end of 2010.

A) Prepare the elimination entires needed to complete a consolidation workpaper for 2010. Use the acquisition method to account for the non-controlling interests in Sander. Include entries such as S, A, I, D, E, P, TI, G, ED, *G, TL, *GL, and any if necessary.

B) Complete the consolidation worksheet for 2010 in the following worksheet.

Pymouth and Sander

Consolidated Worksheet

Year Ending December 31, 2010

The following accounts, among others, appeared on ZZ Company's balance
sheet at January 1, 2020 and December 31, 2020:

                  January 1, 2020       December 31, 2020

Accounts receivable    48,000                63,000
Utilities payable      20,000                26,000
Notes payable          71,000                80,000
Common stock           30,000                90,000
Retained earnings      22,000                78,000

The following information was taken from ZZ Company's 2020 income
statement:

Sales revenue                   $500,000
Cost of goods sold               280,000
Other expenses                   120,000
Net income                      $100,000

Calculate the net cash flow from financing activities for 2020. If
your answer is negative, place a minus sign in front of your answer
with no spaces in between (e.g., -1234).

Explain and illustrate the impacts that the COVID-19 pandemic and horrendous bushfires of 2019/2020 have had on the Australian economy. You will do so by comparing the three main macro-economic indicators –GDP growth, inflation and unemployment – in June 2020 to a point in time prior to the pandemic and bushfires (pre-July 2019), then you will illustrate and explain the impacts using the AD-AS model. Provide references that support your work and submit your slides and a link to your video for marking.