Wednesday, February 19, 2020

Crime Pattern and Environment Essay Example | Topics and Well Written Essays - 1750 words

Crime Pattern and Environment - Essay Example It is a process where the detectives try to trace the path of the criminal using specialised tools. They cover an entire area where the crime has been taking place and put it on radar, tracing the possible movements of the criminal through previous precedents. It involves the mental psychology of the criminal as well as once the criminal has committed a crime and moved on to another area, the detectives then try tracing the path from one place to another, understanding the movement of the criminal in order to catch him. Originally it was applied in cases of serial murder, rape and bombings, it is now frequently being used in robbery, burglary, arson and fraud cases as well. This methodology evaluates the location of connected serial crimes in order to figure out the most probable area for the criminal activity. The idea was propounded by Kim Rossmo, who in 1995 wrote a doctoral dissertation on this aspect. This methodology was then taken into practice by the Vancouver Police Department. Rossmo was Vancouver based detective who pioneered this methodology. He then developed a computer programme known as Criminal Geographic Targeting which is used as a tool to trace criminals. Geographical profiling helps to analyse the abundance information via geographical links in order to apprehend the movement of the criminal. It involves having a large pool of information as the first step to gain an understanding on the whereabouts of the criminal. Once the information arrives at the hands of the investigators, geographical profiling helps the detectives to marrow down the area within which the crime has been taking place for better accuracy. â€Å"Geographic-profiling consists of both quantitative (objective) scientific geographic techniques and qualitative (subjective) components e.g. a reconstruction and interpretation of the offender’s mental map.’ The primary geographic technique is a computerized system known

Tuesday, February 4, 2020

Controller Suggestions for ABC Company Math Problem

Controller Suggestions for ABC Company - Math Problem Example There are numerous lawsuits that are filed against companies dealing with building materials as a result of faulty products, which lead to ‘sick buildings’. The company risks paying huge fines if it is accused of selling products of this nature and fails to win the case. i. What does this statement of cash flow tell you about the sources and uses of the company? The cash flow statement above shows that the company largely relies on the operating activities for financing, and most of its expenditure goes to the operating activities. Surprisingly, the company appears to have kept away from alternative investments, which could otherwise offer a reprieve to the cash flow challenges the company is experiencing. ii. Is there anything ABC Company can do to improve the cash flow? The ABC Company has many alternatives that can be used to improve its cash flow. The current cash situation is very bad especially because the company has focused on its operating activities to generate cash at the expense of alternative sources of cash. Ideally, the company can use borrowed cash to finance in new and profitable ventures. Currently, there is no evidence of the company repaying any loan interest and hence opting for a loan will balance the company’s capital structure. The company should also ensure that the cash that is borrowed is used to finance operations that will boost the sales by a big margin, so that the cash inflow from operations can be boosted. iii. Can this project be financed with current cash flow from the company? Why or why not? This project cannot get financing from the current cash flow from the company because it is not adequate. For instance, the current year’s cash flow statement revealed only $5,000 was left as the net balance. The anticipated project needs fiance to be sourced from outside, for example by borrowing from a bank or issuing new shares among other sources (Leary and Roberts 2575). iv. If the company needs additional financing beyond what the ABC Company can provide internally (either now or sometime throughout the life of the project), how would you suggest the company obtain the additional financing, equity or corporate debt, and why? The company should obtain corporate debt since it is the best option to finance this particular project. Ideally, this is the best option as opposed to equity because there is some evidence that the company has already invested in equity because of the dividends being paid to the shareholders, yet there is no evidence of debt finance. Perhaps, to realize the maximum from the invested capital, the company should strike a good balance between equity and debt. Furthermore, obtaining financing by issuing more equity shares will water down the shareholders stake and this could not be in the interest the shareholders. Therefore, it would be advisable for the company to obtain corporate debt so long as the benefits that will be realized from such financing will outweig h the interest paid for the debt (Leary and Roberts 2575). III. Product cost a. What is the product cost for the expansion product? Expansion Product (estimate) Selling Price ? Units produced and expected to be sold 5,000 Machine Hours 5,000 Direct Materials 28,000 Direct labor dollars