CompTac, Inc., which is headquartered in San Francisco, California, is one of the leading software manufacturers in the United States. The company invests millions of dollars to research and develop new software applications and computer games that are sold worldwide. It also has a large service department and takes great pains to offer its customers excellent support services.

Cyber Crime. One of CompTac’s employees in its accounting division, Alan Green, has a gambling problem. To repay a gambling debt of $10,000, Green decides to “borrow” from CompTac to cover the debt. Using his knowledge of Comp-Tac account numbers, Green electronically transfers $10,000 from a CompTac account into his personal checking account. A week later, he is luckier at gambling and uses the same electronic procedures to transfer funds from his personal checking account back to the CompTac account. Has Green committed any crimes? If so, what are they? (Please make a legal argument. Your personal opinion will not be sufficient)

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CompTac, Inc., which is headquartered in San Francisco, California, is one of the leading software manufacturers in the United States. The company invests millions of dollars to research and develop new software applications and computer games that are sold worldwide. It also has a large service department and takes great pains to offer its customers excellent support services.

Cyber Crime. One of CompTac’s employees in its accounting division, Alan Green, has a gambling problem. To repay a gambling debt of $10,000, Green decides to “borrow” from CompTac to cover the debt. Using his knowledge of Comp-Tac account numbers, Green electronically transfers $10,000 from a CompTac account into his personal checking account. A week later, he is luckier at gambling and uses the same electronic procedures to transfer funds from his personal checking account back to the CompTac account. Has Green committed any crimes? If so, what are they? (Please make a legal argument. Your personal opinion will not be sufficient)

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CompTac, Inc., which is headquartered in San Francisco, California, is one of the leading software manufacturers in the United States. The company invests millions of dollars to research and develop new software applications and computer games that are sold worldwide. It also has a large service department and takes great pains to offer its customers excellent support services.

Cyber Crime. One of CompTac’s employees in its accounting division, Alan Green, has a gambling problem. To repay a gambling debt of $10,000, Green decides to “borrow” from CompTac to cover the debt. Using his knowledge of Comp-Tac account numbers, Green electronically transfers $10,000 from a CompTac account into his personal checking account. A week later, he is luckier at gambling and uses the same electronic procedures to transfer funds from his personal checking account back to the CompTac account. Has Green committed any crimes? If so, what are they? (Please make a legal argument. Your personal opinion will not be sufficient)

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MARKTING CASE STUDY

( if you can NOT answer all the questions please don't answer)

Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's.

Target established itself as the highest-earning division of the Dayton-Hudson Corporation in the 1970s; it began expanding the store nationwide in the 1980s and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed the Target Corporation in 2000 and divested itself of its last department store chains in 2004. It suffered from a massive and highly publicized security breach of customer credit card data and the failure of its short-lived Canadian subsidiary in the early 2010s but experienced revitalized success with its expansion in urban markets within the United States.

As of 2017, Target operates 1,834 stores throughout the United States. Their retail formats include the discount store Target, the hypermarket Super Target, and "flexible format" stores previously named City Target and Target Express before being consolidated under the Target branding. Target is often recognized for its emphasis on "the needs of its younger, image-conscious shoppers," whereas its rival Walmart more heavily relies on its strategy of "always low prices.

Target Corporation decide to start its discount store in Saudi Arabia. The Target management hired you as Marketing Manager for its Saudi Arabia operation. You have to establish marketing department starting from the Analysis of market, formulate overall marketing goals, objectives, strategies and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.

1- To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings:

a. Vision

b.Mission

c.Business objective.

d. Product and type of services.              

2- Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia.

3- Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia.

4- How Target Corporation, Saudi Arabia will establish, develop, and enhance mutually beneficial relationships with customers? Discuss all the activities to establish, develop, and maintain customer sales?

5- Identify the various consumer decision processes for the Target Corporation customer?

6- How will you establish the market research for making better decision to establish and enhance the marketing?   

7- How Target Corporation, KSA will evaluate market segments and choose the best ones to serve? How it will create value propositions to meet the requirements of target customers?

8- How Target Corporation, KSA will manage all of their products and services? What are the steps in the best development process for new products?

Below is a table of the growth of the Corona Virus in USA and the requests for masks.

Using causal with masks being the dependent variable. Generate a forecast for the number of masks requested based on the number of Corona cases in the USA. Use a linear regression line. Write the equation as y-hat = a + bx. X is the number of Corona cases and y-hat is the number of masks requested.

What is the value of "a"?

What is the value of "b" ? (Three decimals for both answer.)

2) Lebron Co. acquired the entire outstanding shares of common stock of Cavaliers Co. On the acquisition date the total fair value of net identifiable assets acquired (i.e., far value of identifiable assets acquired and liabilities assumed) was greater than the consideration transferred for the shares.

Research and cite a specific paragraph in the Accounting Standard Codification that can help the company to determine how this difference should be recognized in the consolidated financial statements. Unless specifically requested, your response should not cite implementation guidance and illustrations.

FASB ASC                              -                   -                    -

1) Calculate daily returns over the sample period.

2) Compute "mean" and "standard deviation" for the daily returns.

3)Calculate the 1-day VaR (99%) on a percentage basis using the calculated mean and standard deviation.

Answer in EXCEL . Use data provided below

In 2016, the World Health Organization estimated that the average life expectancy at birth worldwide was 72 years[1]. (This includes all countries of the world, not just the countries in the sample.)

Complete the steps below to carry out a one-mean hypothesis test to test the claim that the average life expectancy has increased beyond the global average using a 5% significance level.

Let mean = the average life expectancy of a person at birth (globally).

1. State your Null and Alternative Hypothesis symbolically. (You may need to copy and paste symbols.)
2. Verify that the conditions of the one-mean hypothesis test are satisfied.

3. calculate the test statistic and p-value. Round your answer to the nearest thousandth. Insert the results from the hypothesis test from StatCrunch in the space provided.

Test Statistic:

p-value:

4. Determine if you should Reject null hypothesis or fail to reject the null hypothesis. Use the significance level and your p-value to explain how you made your decision.

5. Using sentences, write your conclusion using the context of the problem.

[1] Source: World Health Organization.

The table shows the 2013 per capita total expenditure on health in 35 countries with the highest gross domestic product in that year. Health expenditure per capita is the sum of public and private heath expenditure (in PPP, international $) divided by population. Health expenditures include the provision of health services, family‑planning activities, nutrition activities, and emergency aid designated for health but exclude the provision of water and sanitation.

Make a stemplot of the data after rounding to the nearest $100, so that stems are thousands of dollars and leaves are hundreds of dollars. Split the stems, placing leaves 0 to 4 on the first stem and leaves 5 to 9 on the second stem of the same value.

1) Which numbers are the leaves on the first stem associated with $3000?

A) 13

B) 22356889

C) 5689

D) 137

E) 12355789

F) 611

2) Describe the shape, center, and variability of the distribution.

3) Which country is the high outlier?

4) The distribution is _____, with a single high outlier (______ ). There seem to be two clusters of countries. The center of the distribution is about _______spent per capita. The distribution varies from about _________spent per capita to about _______spent per capita.

Record below listed transactions under the appropriate General Ledger accounts. Be sure to list the Posting Reference number in the space provided under the General Ledger account for each transaction. Remember, each transaction should affect at LEAST two seperate General Ledger accounts.

Posting Reference Date Transaction PR 1 1/1/2020 Record owner's investment of $10,000 cash.

PR 2 1/1/2020 Purchased equipment at a total cost of $6,000. $1,000 of purchase paid with cash and the remainder paid with note payble in the amount of $5,000.

PR 3 1/3/2020 Prepaid three months of insurance expense in the amount of $900 with cash.

PR 4 1/15/2020 Deposited $2,000 for services provided.

PR 5 1/22/2020 Purchased $500 in office supplies with cash.

PR 6 1/31/2020 Deposited $2,500 for services provided.

AJE 1 1/31/2020 Record depreciation for equipment purchased at beginning of January. Equipment total cost was $6,000 with estimate life of 5 years. Record one month of depreciation.

AJE 2 1/31/2020 Record one month of insurance expense for the month of January 2020.

PR 7 2/4/2020 Paid January rent expense of $1,000 with cash.

PR 8 2/7/2020 Received January electricity bill in the amount of $232 to be paid later.

PR 9 2/7/2020 Received January telephone bill in the amount of $85 to be paid later.

PR 10 2/14/2020 Provided $500 in services; payment to be received later.

PR 11 2/25/2020 Paid January electricity bill with cash.

PR 12 2/25/2020 Paid January telephone bill with cash.

PR 13 2/25/2020 Paid $100 on Equipment Note Payable with cash; $84 toward princple and $16 toward interest expense.

PR 14 2/28/2020 Deposited $1,000 from services provided.

AJE 3 2/28/2020 Record depreciation for equipment purchased at beginning of January. Equipment total cost was $6,000 with estimate life of 5 years. Record one month of depreciation.

AJE 4 2/28/2020 Record one month of insurance expense for the month of February 2020.

PR 15 3/4/2020 Paid February rent expense of $1,000 with cash.

PR 16 3/4/2020 Prepaid March 2020 rent expense of $1,000 with cash.

PR 17 3/6/2020 Received February electricity bill in the amount of $200 to be paid later.

PR 18 3/6/2020 Received February telephone bill in the amount of $85 to be paid later.

PR 19 3/9/2020 Received payment for $500 of previously provided services.

PR 20 3/12/2020 Deposited $1,250 for services provided.

PR 21 3/16/2020 Paid $450 in professional fees for legal services with cash.

PR 22 3/25/2020 Paid February electricity bill with cash.

PR 23 3/25/2020 Paid February telephone bill with cash.

PR 24 3/25/2020 Paid $100 on Equipment Note Payable with cash; $84 toward princple and $16 toward interest expense.

PR 25 3/27/2020 Paid $75 for advertising expenses.

PR 26 3/27/2020 Provided $1,200 in services; payment to be received later.

PR 27 3/31/2020 Deposited $2,300 from services provided.

PR 28 3/31/2020 Received bill of $367 for maintenance services provided on equipment to be paid later.

PR 29 3/31/2020 Prepaid $3,000 for three months of rent expense.

PR 30 3/31/2020 Prepaid three months of insurance expense in the amount of $900 with cash.

AJE 5 3/31/2020 Record depreciation for equipment purchased at beginning of January. Equipment total cost was $6,000 with estimate life of 5 years. Record one month of depreciation.

AJE 6 3/31/2020 Record one month of insurance expense for the month of March 2020.

AJE 7 3/31/2020 Record March 2020 rent expense.

AJE 8 3/31/2020 Record March 2020 interest expense on Equipment Note Payable of $16.

AJE 9 3/31/2020 Record March 2020 electricity bill in the amount of $245 to be paid later.

AJE 10 3/31/2020 Record March 2020 telephone bill in the amount of $85 to be paid later.

Robertson Real Estate Recapitalization

Founded 25 years ago by CEO Steve Robertson, Robertson Real Estate (RRE) purchases commercial real estate (land and buildings), rents both to tenants. The company has shown consistent annual profits over the past 18 years, and shareholders have been pleased with the company's management. Before he started RRE, Steve was also the founder and CEO of a now bankrupt Ostrich farm. This previous bankruptcy has made him extremely reluctant to undertake any type of debt financing, and he has financed the real estate company 100% with equity. Robertson Real Estate stock currently trades at $37.80 per share and has 8 million shares of common stock outstanding.

The company has been reviewing an opportunity to purchase a large segment of land in the southeastern United States for $85 million and plans to lease this property to one or more farming operations. The land purchase is expected to increase RRE's annual pretax earnings by $14.125 million in perpetuity. Raylynne Givins, the company's new CFO, determined the company's current cost of capital is 10.2%. She feels the company would be more valuable if it added some debt to its capital structure, so she is evaluating whether the company should issue debt to fully finance the project.

Based on conversations with several investment banks, Raylynne believes RRE can issue bonds at par value with a 6% coupon rate. Her analysis suggests a capital structure using 70% equity / 30% debt would be optimal. If the company's debt structure exceeds 30%, RRE's bond rating would be lower and require a significantly higher coupon due to the increased exposure to financial distress and the associated higher financing costs. RRE has a combined state and federal corporate tax rate of 23%.

Questions:

1. If RRE seeks to maximize total market value, should the company issue debt or equity to finance the land purchase? Explain.
2. Suppose RRE decides to issue equity to finance the purchase.
   1. What is the net present value (NPV) of the project?
   2. Construct RRE's market value balance sheet after it announces the firm will finance the purchase using equity.
      1. What would be the new price per share of the firm's stock?
      2. How many shares will RRE need to issue to finance the purchase?
   3. Construct RRE's market value balance sheet after the equity issue but before the purchase has been made.
      1. How many shares of common stock does RRE have outstanding?
      2. What is the price per share of the firm's stock?
3. Suppose RRE decides to issue debt to finance the purchase.
   1. What will be the market value of RRE if the purchase if financed with debt?
   2. Construct RRE's market value balance sheet after both the debt issue and the land purchase. What is the price per share of the firm's stock?
4. Which method of financing maximizes the per-share stock price of RRE's equity?