Facebook Investigation Scenario Part 1 Spring 2017 Note: the following scenario is fictional as are all parties named in the story Initial Complaint: March 20, 2017– 8:41 AM.

Mary Jones, a junior at the University of New Haven has contacted local police stating that sometime between midnight on October 11th, 2016 and 8 am on March 20, 2017, her ex-fiancé, Pete Sampson, posted semi-nude pictures of Ms. Jones on his Facebook page and also called Ms. Jones several derogatory names on Facebook. Ms. Jones is very upset as many other students at the university have already seen and commented on her picture on Facebook. She feels that Mr. Sampson posted the picture as a way of harassing and humiliating her. As a criminal justice major, Ms. Jones is worried that Mr. Sampson’s postings may hurt her future career so she has contacted the local authorities.

In-person interview with Mary Jones: March 20, 2017– 9:30 am

Mary Jones is a 20-year-old criminal justice major at the University of New Haven in her junior year at the school. At approximately 8:00 am this morning, one of her friends texted Ms. Jones and asked her if she had checked out her ex- fiancé, Peter Sampson’s, Facebook page. When Ms. Jones loaded Mr. Sampson’s Facebook page she found a semi-nude picture of herself as well as derogatory comments about herself. When questioned about the origin of the picture, Ms. Jones stated that she had “sexted” the photo to Mr. Sampson sometime in the fall of 2014 when she and Mr. Sampson had just started to date. Ms. Jones also stated that she was only 17 years old at the time of the picture. Upon further questioning, Ms. Jones explained that she had Mr. Sampson had met in early September of their freshman year and had started dating immediately. While they had become engaged over the previous summer, Ms. Jones had broken off the engagement several weeks ago and had begun dating Mr. Sampson’s roommate, Michael Davis. Ms. Jones felt that Mr. Sampson had posted the picture in retaliation to her ending their relationship and that the purpose of Mr. Sampson posting the picture was to harass her and to cause harm to her reputation and to her potential career in law enforcement.

In-person interview with Peter Sampson: March 20, 2017 – 2:45 pm.

Peter Sampson is a 21-year-old criminal justice major in his junior year at the University of New Haven. During the interview, which took place in Mr. Sampson’s dorm room, Mr. Sampson confirmed that he and Ms. Jones had dated and that the relationship ended abruptly several weeks ago when Mr. Sampson discovered Ms. Jones in bed with Mr. Sampson’s roommate, Michael Davis. While Mr. Sampson was still visibly angry with Ms. Jones, he denied having anything to do with posting her picture and making comments about Ms. Jones on his Facebook page. Mr. Sampson further stated that following his discovery of Ms. Jones with Mr. Davis, Mr. Sampson deleted all of the digital photos he had of Ms. Jones as well as all correspondence between himself and Ms. Jones. Mr. Sampson claims to have used one Toshiba laptop computer that was a high school graduation gift for the past 3 years and that no one else has had access to the laptop over the past 24-hour period. When asked if anyone else had access to his computer in the past, Mr. Sampson stated that in Spring semester of 2016 he had loaned the laptop to his roommate, Michael Davis, so Mr. Davis could complete a paper because Mr. Davis’s laptop computer had been damaged and Mr. Davis had not yet gotten a new computer. Mr. Sampson again adamantly denied posting Ms. Jones’s picture on his Facebook page though he admitted that he had left the picture on his page until contacted by law enforcement. When asked who he thought might have posted the picture, Mr. Sampson stated that he believed that his roommate, Michael Davis, had posted the picture to get back at Mr. Sampson because of continuing hostilities between the two roommates following Mr. Sampson’s discovery of Ms. Jones with Mr. Davis. Officers did notice that Mr. Sampson had several “sticky” notes on his desk that contained his passwords for several online accounts including that of Facebook. As officers were preparing to leave, Mr. Sampson’s roommate, Michael Davis, returned to the room. When questioned about Mr. Sampson’s allegations that Mr. Davis had posted Ms. Jones picture, Mr. Davis denied any knowledge of the picture or of Mr. Sampson’s Facebook password. Mr. Davis stated that Mr. Sampson was trying to “pin” the posting of the picture of Ms. Jones on him in an attempt to get Ms. Jones back. When officers asked Mr. Davis about using Mr. Sampson’s laptop the previous Spring, Mr. Davis claimed that he did not remember whether or not he had ever used Mr. Sampson’s computer. Mr. Davis then stated he had to go to class and abruptly left.

Assignment .

Your team of digital forensics and computer crime investigators has been assigned this case. Your goal is to attempt to determine who posted Mary Jones’s photo on Facebook.

Please examine the current liabilities on the Balance Sheet and identify those that are definitely determinable and those that are probably estimates. Does the corporation have any liabilities with respect to pensions, vacation pay, or warranties? Please see the notes to the financial statements for details with respect to these liabilities. Please let us know what a contingent liability is and if your company has any contingent liabilities.

Part 2

Employees are subject to taxes withheld from their paychecks. Please indicate the federal taxes that are withheld from most employee paychecks. Please let us know why deductions from employees earnings are classified as liabilities for the employer.

Responses to Instructor

Please check your thread for questions or comments from me and be sure to provide a comprehensive response, as requested.

Responses to Classmates

When responding to classmates this week, please select two of the taxes listed below and let them know whether those taxes generally apply to employees only, employers only, or both employees and employers:

Federal Income Tax

Medicare Tax

Social Security Tax

Federal Unemployment Compensation Tax

State Unemployment Compensation Tax

Last year, Jimmy graduated  from First City  University and received USD 5,000 from his father as a graduation gift. Jimmy, , recently heard from a friend who earns a profit from investing in the bond market during this pandemic time.

JImmy does not know much about investing or how people actually “make money by investing”. He asked you to help him in making a wise investment plan.

Required:

1. Before investing any money, explain to Jimmy about the risk involved.

2. Calculate the expected rate of return Jimmy would receive if he buys bonds in Eplas bond. Eplas bond is a 15-year, USD1,000 par value bond that pays 5.5 percent interest annually. The market price of the bond is USD1,085.  

3. Determine the value of the bond given Jimmy required rate of return is 7 percent.

4. Jimmy’s father, Mr.Marc is valuing an investment that will pay him USD12,000 the first year, USD14,000 the second year, USD17,000 the third year, USD19,000 the fourth year, USD23,000 the fifth year, and USD29,000 the sixth year (all payments are at the end of each year). Determine the value of the investment to Mr.Marc now if the appropriate annual discount rate is 11%.

Megatronics Corporation, a massive retailer of electronic products, is organized in four separate divisions. The four divisional managers are evaluated at year-end, and bonuses are awarded based on ROI. Last year, the company as a whole produced a 14 percent return on its investment.

During the past week, management of the company’s Northeast Division was approached about the possibility of buying a competitor that had decided to redirect its retail activities. (If the competitor is acquired, it will be acquired at its book value.) The data that follow relate to recent performance of the Northeast Division and the competitor:

Management has determined that in order to upgrade the competitor to Megatronics’ standards, an additional $150,000 of invested capital would be needed.

Required:

1. Compute the current ROI of the Northeast Division and the division’s ROI if the competitor is acquired.

2. If divisional management is being evaluated on the basis of ROI, will the Northeast Division likely pursue acquisition of the competitor?

3-a. Compute the ROI of the competitor as it is now and after the intended upgrade.

3-b. If ROI is used as the basis for evaluation, would Megatronics Corporation likely be in favor of the acquisition of the competitor?

4. Calculate the Northeast Division's ROI after acquisition of competitor but before upgrading.

5-a. Assume that Megatronics uses residual income to evaluate performance and desires a 10 percent minimum return on invested capital. Compute the current residual income of the Northeast Division and the division’s residual income if the competitor is acquired.

5-b. If divisional management is being evaluated on the basis of residual income, will the Northeast Division likely pursue acquisition of the competitor?

Compute the current ROI of the Northeast Division and the division’s ROI if the competitor is acquired. (Round your answers to 2 decimal places (i.e., .1234 should be entered as 12.34).)

Compute the ROI of the competitor as it is now and after the intended upgrade.

Assume that Megatronics uses residual income to evaluate performance and desires a 10 percent minimum return on invested capital. Compute the current residual income of the Northeast Division and the division’s residual income if the competitor is acquired.

Language HTML and Javascript

Here is a string: " Hi, my name is John. I am a student at Rutgers University. I am currently taking a Web Class."

1. Change "Rutgers University" to "RUTGERS UNIVERSITY"

2. Replace "Web Class" to "Web Client and Server side Programming"

This problem involves normalizing a sample proportion.

6.    Past data has shown that 20% of all students graduating from XYZ University go on to do post-graduate work. A random sample of 700 students was taken frorn the university population.

1. Find the probability that the sample proportion of students going on to do postgraduate work is greater than 24%. (Hint: Note that 20% is the population proportion, and 24% is the sample proportion.)
2. State the numerical value of the standard error of the proportion.

This problem involves a test in which two independent populations are involved and the population standard deviations are known.

Your University wish to determine how alcohol consumption patterns among students impact their GPAs. You and your classmates’ task (as a group) is to discuss and formulate a RESEARCH PROPOSAL, proposing how the research would be conducted, from start to completion, step-by-step, in order to ultimately produce a useful and dependable report that would guide the University in introducing positive measures that improve students’ academic qualities. Among many things, you and your classmates would definitely want to propose the inclusion of any descriptive statistics and tests that are useful in uncovering the relationship between alcohol consumption patterns and GPAs achieved.

(1 point) Rework problem 29 from section 2.3 of your text, involving the selection of officers in an advisory board. Assume that you have a total of 11 people on the board: 5 out-of-state seniors, 2 in-state seniors, 2 out-of-state non-seniors, and 2 in-state non-seniors. University rules require that at least one in-state student and at least one senior hold one of the three offices. Note that if individuals change offices, then a different selection exists.

In how many ways can the officers be chosen while still conforming to University rules?

William has to make rental payments of $1,000 at the start of every month, throughout the four-year duration of his university course. His university fees are $4,000 to be paid at the start of each year. He earns $1,500 per month (paid at the end of each month) from a part-time job. Assume an interest rate of 8% p.a. and that he keeps the part-time job for the next four years. How much money, in present value terms, can he withdraw each month for the next four years?

6. The table below shows the projected free cash flows of an acquisition target. Estimate the following:

a) Terminal value at the end of 2025 based on the perpetual growth equation with a 4% perpetual growth rate

b) Maximum acquisition price (MAP) as of the end of 2020 at a 9% discount rate

YEAR                                                               2021    2022   2023   2024   2025
FREE CASH FLOW ($ thousands)                  -$500      $83    $87    $89     $92

The Present Value of $1 Table (Table 3) tells us:

Period (n)        Present Value Factor at 9% Discount Rate
1                                                          .917
2                                                          .842
3                                                          .772
4                                                         .708
5                                                          .650