Requirement 2: Write two to three paragraphs stating your choice and explaining and supporting your decision. Use sound accounting knowledge and the results you obtained in your calculations of requirements 1-8 to support and explain your choice.

Scenario: You are considering which of the three independent options given in the problem, if any, Newton should adopt for year 1. The three options in the problem are items 1-3 below. Alternatively, your team can choose the fourth option instead of one of the three given in the problem.

1. The original plan (Calculated in #1 and #4)

2. Invest in a higher quality raw material (Calculated in #2 and #5)

3. Raising the selling price (Calculated in #3 and #6)

3. Your team may choose a fourth option, which is to reject the three options given in the problem, and recommend a different course of action for the company.

Requirement 3: Do you see any problems with Newton's plan for year 1? If so, what changes would your group suggest Newton make before beginning production in year 1?

choose the fourth option instead one of the three given in the problem. 1. The original plan (Calculated in #1 and #4) 2. Invest in a higher quality raw material (Calculated in #2 and #5) 3. Raising the selling price (Calculated in #3 and #6) Requirements: and explain your choice. Requirement #1 choose the fourth option instead one of the three given in the problem. 1. The original plan (Calculated in #1 and #4) 2. Invest in a higher quality raw material (Calculated in #2 and #5) 3. Raising the selling price (Calculated in #3 and #6) Requirements: and explain your choice. Requirement #1