The main idea of this case study is taken from

The main idea of this case study is taken from (Drury, 2018) and main author is M. Saeudy.

A smart Solution is a small sized IT company. It was established since 1980. It produces different kinds of online Apps, Web design and online trading platforms. All these products are supplied by their own consultants from different parts of the world. Most of these products are made from customer requests and big data materials. Most of these products are very well known for local and international consumers who are interested in online transactions. The marketing manager raises his concerns regarding the expected decline in the sales target for the few next years due to some global economic and political challenges in the world such as the Covid 19, UK Brexit and Middle East Arab spring revolutions.

The main factory and head office are in very high-Tech village. This company is fully owned by small number of IT designers and technologists. The county council of this area is looking for collaborative partnerships with business organization(s) to look after the big data for one of the biggest social media App and participate in one of the following projects:

  1. Project one: New international online payment system (Smart Pay). The total required cost for this project is £300,000,000.
  2. Project two: The free Wi-Fi App (Cloud APP) for the whole village. This area involves very high usage if IT technologies such as online trading, IT designer, Digital Education and Financial technologies. The total required cost for this project is £250,000,000.
  3. Project three: The restoration and upgrade of an old payment system. The total required cost for this project is £100,000,000.
  4. Project Four: Create an international online chatting App (Free Call App). The total required cost for this project is £100,000,000. 
  5. Required:
  6. Critically analyze the above-mentioned four projects in terms of financial advantages, challenges and limits. You can illustrate your analysis with some qualitative and quantitative reflection Prepare a business diagnosis analysis to explain the theoretical critique of traditional management accounting tools and practices that could be used in this case study such as investment appraisal, decision making under risk ….etc.     You may need to support your discussion and analysis with relevant research papers, business cases or examples  

Sofia will need to decide how to invest the car

Sofia will need to decide how to invest the car park sale proceeds. She knows they must use

£36,000 to pay outstanding creditors, but can decide whether to invest the remaining £119,000 proceeds in either:

A new piece of moveable engineering machinery costing £119,000 or

A new fixed ventilation system for the factory costing £119,000

Whichever is decided, the investment will be made as quickly as possible after the car park disposal.

i. Required: Identify and calculate any capital gains reliefs potentially available on the carpark disposal, following the two alternative re-investment options.

ii. Required: Explain the capital allowance treatment of both re-investment alternatives.

EXHIBIT C – EMAIL from Sofia Randall

Tay

Thanks for meeting me last month. I am looking forward to meeting your tax senior to discuss Web & Away Ltd’s tax affairs for the financial year which has just ended. There are a couple of other points which I will probably also take an opportunity to discuss with them:

A developer company has shown interest in purchasing the carpark attached to our St Thomas factory to build houses on. The company purchased the land together with the factory on 1 August 2016 for £174,000 plus purchase legal fees of £6,194, and the estate agent estimates that the current value of the factory together with the remaining unsold land would be £490,000. The carpark has historically been used for our factory workers’ parking. If Web & Away Ltd makes this disposal we expect, after repaying a £36,000 creditor, there will be £119,000 sales proceeds left for the company to invest. This is therefore an attractive proposition as the company is in need of a new precision-engineering machine and a new powered ventilation system for the factory, although both would cost around this amount. The decision to sell the land and how to invest the proceeds will ultimately be business decisions, but the tax effect of the options will of course be relevant!

I hope, as well as the above, we’ll have time to discuss the company’s historic tax losses as we want to use the losses as quickly as possible and don’t want to miss any crucial deadlines.

David Bradbury used to run a second-hand car yard as

David Bradbury used to run a second-hand car yard as a sole trader. However, as part of a sentence for fraud imposed by a court two years ago, David was prohibited from “buying and selling new or used vehicles” for a period of five years. Breach of this order is prosecutable as contempt of court.

David is however desperate to go into business again. He hears that a good opportunity exists to start a second-hand car dealership in a suburb of Sydney. He also hears that a vacant lot is available for lease. Because several other businesses are eager to lease it, he rushes to the owner of the site, Cenvest Real Estate Ltd, and signs a 1-year lease for $ 50 000 on 5 January. Occupation of the premises and payment of the $ 50 000 are due to take place on 1 February. He signs the lease “David Bradbury, as Managing Director, Sydney Auto Group Pty Ltd”. On 10 January he goes to ASIC and registers Sydney Auto Group Pty Ltd. On the ASIC documentation he is listed as sole shareholder and as Managing Director. Sydney Auto Group Pty Ltd starts trading the next day, operating from David’s back yard, buying two old Mercedes cars and selling them to vintage car collectors a few days later. All contracts are signed “David Bradbury, as Managing Director, Sydney Auto Group Pty Ltd.”

On 15 January, David decides that the company needs extra capital, and so his three brothers, Christopher, Anthony and Richard each contribute $ 70 000 to the business in exchange for shares and a position on the board. When the board first meets on 17 January, Christopher is elected Managing Director. At the meeting Christopher, Anthony and Richard say that $ 50 000 is too much for the lease and decide that the company should lease a different lot for $ 30 000. They send a letter to Cenvest Real Estate Ltd stating that Sydney Auto Group Pty Ltd refuses to move its business to the vacant lot and refuse to pay the $ 50 000.  

David is facing prosecution for contempt of court and has been sued for breach of contract by Cenvest Real Estate Ltd. Advise him on his legal position, citing relevant legal authority.

Road Measuring Professionals is a surveying firm based in

Road Measuring Professionals is a surveying firm based in Newcastle, NSW. Its major client is the New South Wales government, for whom it surveys roads that are under construction. Smith, Jones and Peters have been partners in the firm for some time. There is an agreement between them limiting the authority of the partners to contracts up to $ 10 000. Smith has often purchased surveying equipment on behalf of the firm from Sydney Engineering Supplies, dealing with its manager, Mary.

Smith buys a surveying instrument costing $ 11 000 from Mary. It is delivered on 5 June, and the firm receives an invoice for the contracted amount.

Smith has always wanted the firm to branch into road transportation, as he is also a qualified truck driver, but his partners have continually rejected such a move. Hoping to demonstrate to them the profitable nature of such work, Smith signs a contract on behalf of the firm to buy an old truck from Used Trucks Ltd for $ 8 500. The firm has received an invoice for the truck, which is due to be delivered on 6 June.

Jones and Peters are angry when they see the invoices, and have told both Mary and Used Trucks Ltd that the firm will not pay them. Advise Mary and Used Tricks Ltd as to their legal position, citing relevant law.

In this section, you must create FOUR quality multiple

In this section, you must create FOUR quality multiple choice questions over the basic facts of the unit. Create questions over key pieces of historical fact that are the most important for the overall understanding of unit materials. Questions can be over concepts, ideas, people, places, events, etc. The question should be meaningful and not a “gotcha” or trick question to see how close someone read. Your correct and incorrect answers should be clearly identified (you should have a minimum of 4 answers per question) and a test taker should have to stop and consider the answers carefully.

Once you have crafted your four question and provided four answers to choose from (identify your correct answer), you must then explain the question. Why did you think this question was important enough to be on your imaginary exam? Why is the correct answer correct and the incorrect answers wrong? Why did you choose the answers that you did? Do this for each of the four questions.

II. KEY ID 

In this section, you must create ONE ID for a test. IDs are key people, places, events, or concepts (so “George Washington” or “trickle-down economics” for example).

For each ID you will provide a sample answer (explaining the who/what, where, when, and why it is important). After providing your ID and sample answer, you will then need to explain why you chose this ID for the list, what makes it so key that it should appear on your imaginary test?

III. CONNECTIONS – 20 points

A connection is just that, an explanation of how two or more historical facts fit together.

Here is a non-history example that will give you an idea of what is expected:

Fact 1: Men’s College football teams at the NCAA I FBS level can award a maximum of 85 scholarships to players

Fact 2: The US Women’s National Team has just won the World Cup for the 4thtime and has played in 5 of the 8 Women’s World Cup finals and US National Women’s Teams dominate Olympic competitions (Soccer, Softball, Ice Hockey, Volleyball, Rowing, Water Polo).

Connection: Title IX (of the Educational Amendments of 1972) legislation requires gender equity in both the classroom and school related activities at both the K-12 and collegiate level. At the time Title IX became law, women’s sports in schools and colleges was often underfunded or non-existent while men’s college football (and high school football in states like Texas) had money thrown at them. The law requires that men and women have proportional access to athletic scholarships at the collegiate level. Since most NCAA I level universities field large men’s football teams, they needed to field teams in women’s sports to remain in proportional compliance (youhave tooffset those 85 male players somehow). Therefore, high schools and colleges began fielding teams in quite a few different sports tobe in compliance withTitle IX and more American women began playing team sports. Today, the national averages are 1 in every 2.5 women play a sport in high school. The best of these female athletes nowgoon to play college sports, and national teams are pulled from the best of college athletes. Women have come to dominate Olympic Team Sports because American women have gender equity in team sports in high schools and colleges thanks to Title IX; few other countries have gender equity in sporting opportunities, particularly at the team level, for girls through schools and fewer girls play team sports in other parts of the world.

For this part of the Untest, I want you to make ONE connections from the time period covered in the unit. The facts should be different facts (not two sides of an issue, battle, debate, etc.) that may not seemingly be connected, but are. List the two historical facts and then explain the connection.

IV. Geographic Connections – 20 points

A geographic connection is similar to the connections above, except that at least one of the facts is related to geography, climate, or environment. (Remember the discussion of how geography and history are related). You need to make 1 geographic connections

V. Overall Takeaway – 20 points

This is an “un-essay.” Instead of giving you a prompt and having you write a full-length essay, I want you to sit back and think about the unit as a whole. What are your key takeaways (these are the most important overall themes of the units)? How would you explain these most important “big picture” concepts of American history? How would you explain this in a paragraph (think of this as a two-minute elevator speech on US History to someone who knows nothing about the subject).

Note that your paragraph (which should be 100-200 words) should follow rule of three formatting and contain a thesis statement and supporting evidence.

In SPT3 we extend your modelling from SPT1 to income

In SPT3 we extend your modelling from SPT1 to income streams. Specifically, we generate the retirement income stream lost by withdrawing a lump sum (now) from your super fund. In addition, given an indivdual’s desired income stream at retirement, we generate the (lump sum) investment needed now to realise that goal. Your modelling needs knowledge of interest rates applicable from today onwards. For simplicity, assume this rate is the Australian 10-year government bond yield as at the end of 2019 (31.xii.19), plus 100 basis points (i.e., a j2 rate). You can use FactSet to find this value. A user of your spreadsheet will need to input the following. 

a. Age (an integer) 

b. Gender (‘M’ or ‘F’) 

c. Desired superannuation withdrawal amount (in dollars) 

d. Desired annual income for ages 65 to 85, inclusive (males), or 65 to 87, inclusive (females). 

Assume this annual amount is paid on each birthday, starting at age 65, and ending at 85 for males and 87 for females. This stream of annual payments is what we refer to below as the user’s retirement income stream. The spreadsheet will then generate the following outputs. 

a. The reduction in the user’s retirement income stream by making the above withdrawal from the user’s superannuation fund. For a male user, this retirement income stream refers to constant annual payments made at ages 65 to 85, inclusive. For a female user, this retirement income stream refers to constant annual payments made from ages 65 to 87, inclusive. 

b. The lump sum required (today) at the user’s current (integer) age to generate the desired annual retirement income stream inputted. 

c. A bar chart consisting of one bar representing the reduction in the user’s annual retirement income stream (generated by the user’s current superannuation withdrawal) and another bar representing the user’s desired annual retirement income stream.

1. ______________ was important to the success of the Louis

1. ______________ was important to the success of the Louis and Clark expedition.

a. Zebulon Pikeb.

B. Sacagaweac. 

C.James Wilkinsond. 

D.Facundo Melgares

2. Following a price drop in the 1790s, American men made __________ a popular fashion statement.

a. leather vestsb.

B.beaver hatsc. 

C.cowhide bootsd. 

D.silver canes

3. How did the Missouri Compromise affect future applications for statehood?

a. It created an effective means of dealing with all future state applications.

b. It satisfied both the proslavery and antislavery factions.

c. It prevented territories from applying for statehood until the slavery issue was resolvedcompletely.

d. An imaginary line separated the northern (free) territories from southern (slaveholding)territories; the status of slavery would be determined by location.

4. Which of the following statements is the most accurate?

a. Prominent women in the early 19th century had no direct political influence.

b. Unmarried women were not allowed to own businesses.

c. Women were discouraged from participating in political rallies.

d. Poor women had little political input.

5. What was one of the major issues of contention regarding the rechartering of the Second Bank of theUnited States?

a. It did not help private merchants.

b. There would be no control over private investors.

c. There was an increased risk of bank fraud.

d. There was no constitutional authority to establish a national bank

6. Which of the following has the greatest effect on a market economy?

 a. weather 

b. politics 

c. labor force 

d. supply and demand 

7. The term “corrupt bargain” refers to 

a. a perceived deal between Clay and Adams regarding the presidential election of 1824. 

b. an agreement between businessmen and government to fix prices. 

c. an agreement that certain members of Congress would support presidential decisions in return for election support. 

d. The agreement made among southern congressman to block all abolitionist legislation. 

8. What did industrial cities need for the best chance of survival? 

a. They had to be located on a seaport. 

b. They needed proximity to moving water. 

c. They needed a technical population. 

d. They needed an agricultural-based society to feed a potential labor force. 

9. Which of the following best describes the “American System”? 

a. A series of laws promoting good citizenship. 

b. A series of laws promoting only transportation advancements. 

c. A series of laws encouraging domestic economic development. 

d. A series of laws encouraging foreign economic development. 

10. What two bodies of water were connected by the Erie Canal? 

a. Mississippi River and Gulf of Mexico 

b. Lake Ontario and St. Lawrence River 

c. Lake Erie and Atlantic Ocean 

d. Hudson River and Atlantic Ocean 

11. What European nationalities supplied the greatest number of immigrants to America between 1830 and 1869? 

a. Germans 

b. Polish 

c. Italians 

d. Irish 

12. The new middle class of America was most likely to 

a. be independently wealthy. 

b. work at a day labor job. 

c. not engage in manual labor. 

d. work from the home. 

13. Members of the Whig Party tended to 

a. support working-class immigrants. 

b. encourage Catholics to participate in politics.

 c. support nationalism. 

d. support southern slavery. 

14. What steps did Southerners take in the 1840s that changed their concept of democracy? 

a. Allowed non-slaveholders the right to vote. 

b. Allowed free blacks the right to vote. 

c. Agreed not to challenge federal laws in order to promote cohesiveness. d. Agreed that nullification of federal laws was illegal. 

15. What political ploy did Southerners use to keep the discussion of slavery in Congress at a minimum? 

a. boycotted Congress when the discussion of slavery occurred 

b. gag rule

 c. threatened secession 

d. filibuster

6. Which of the following has the greatest effect on

6. Which of the following has the greatest effect on a market economy?

 a. weather 

b. politics 

c. labor force 

d. supply and demand 

7. The term “corrupt bargain” refers to 

a. a perceived deal between Clay and Adams regarding the presidential election of 1824. 

b. an agreement between businessmen and government to fix prices. 

c. an agreement that certain members of Congress would support presidential decisions in return for election support. 

d. The agreement made among southern congressman to block all abolitionist legislation. 

8. What did industrial cities need for the best chance of survival? 

a. They had to be located on a seaport. 

b. They needed proximity to moving water. 

c. They needed a technical population. 

d. They needed an agricultural-based society to feed a potential labor force. 

9. Which of the following best describes the “American System”? 

a. A series of laws promoting good citizenship. 

b. A series of laws promoting only transportation advancements. 

c. A series of laws encouraging domestic economic development. 

d. A series of laws encouraging foreign economic development. 

10. What two bodies of water were connected by the Erie Canal? 

a. Mississippi River and Gulf of Mexico 

b. Lake Ontario and St. Lawrence River 

c. Lake Erie and Atlantic Ocean 

d. Hudson River and Atlantic Ocean 

11. What European nationalities supplied the greatest number of immigrants to America between 1830 and 1869? 

a. Germans 

b. Polish 

c. Italians 

d. Irish 

12. The new middle class of America was most likely to 

a. be independently wealthy. 

b. work at a day labor job. 

c. not engage in manual labor. 

d. work from the home. 

13. Members of the Whig Party tended to 

a. support working-class immigrants. 

b. encourage Catholics to participate in politics.

 c. support nationalism. 

d. support southern slavery. 

14. What steps did Southerners take in the 1840s that changed their concept of democracy? 

a. Allowed non-slaveholders the right to vote. 

b. Allowed free blacks the right to vote. 

c. Agreed not to challenge federal laws in order to promote cohesiveness. d. Agreed that nullification of federal laws was illegal. 

15. What political ploy did Southerners use to keep the discussion of slavery in Congress at a minimum? 

a. boycotted Congress when the discussion of slavery occurred 

b. gag rule

 c. threatened secession 

d. filibuster

BigA, Inc., is an auto parts wholesaler selling parts to

BigA, Inc., is an auto parts wholesaler selling parts to companies like AutoZone, O’Reilly, and PepBoys. As you are aware, this industry is highly competitive. Three years ago, BigA decided to develop a new software program that maintains customer history files, creates paperless billing, has automatic order generation based on register data from local stores, and monitors inventory balances at each local store. BigA estimates it has spent $5 million on the development and testing of the new software and believes the software is ready to be used. BigA also believes the new software is so good that it will be able to sell the use of the software to other wholesalers. BigA wants to know what possible credits are available as it completes its 2011 tax return and if there are any reasons to delay the marketing of this software.

For discussion: Critically examine the tax code, regulations, and case law needed to prepare a tax memo. Drawing from your research, how you would approach application of tools to prepare your case?

Select the most appropriate answer. 1)——— was divided

  Select the most appropriate answer.    
1)——— was divided Bengal in two provinces.
A)Lord Minto    B) Lord Wavell C) Lord Curzon D)  Lord Algon
2)Aligarh Movement was started in ————-.
A)1857     B) 1858  C) 1859   D)    1860
3)Simla delegation met viceroy if India with the help of ————- .
A)Mr. Arch Bold B) Colonel Dunlop Smith C) mulana mohammad ali johar  D) None of them
4)Total member of the simla delegation is ———-.
A)35  B) 34 C) 36 D) 37
5)—————was the first President of Muslim League.
A) sir Fazal Hussain B) Dr. M.A Ansari C) Sir Agha khan D) Saleem ullah khan
2)   Fill in blanks.                                                  
6)Separate Electorate was the demand of ————————.
7)The first annual session of Muslim League was held in —————–.
8)The first president of All India Muslim League—————————.
9)————- Was the viceroy of India at the time of partition of Bengal.
10)When simon Commission visited India Jinnah League and Congress boycotted the Commission because———————- .