Application: Forensic Psychology Professionals and Operations

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To prepare for this assignment:

  • Review the article, “Racial Profiling Laws in Your State,” and the Miranda v. Arizona court decision. Think about the relevant laws associated with police operations and how these laws relate to forensic psychology professionals working in police operations.
  • Review the remaining Learning Resources for this week, focusing on the similarities and differences among the forensic psychology roles in police operations.
  • Select two roles that a forensic psychology professional performs related to police operations. (Please select roles that you did not use for this week’s Discussion.)
  • Using course Learning Resources, the Walden Library, or the Internet, research current laws related to the forensic psychology professional roles that you selected.
  • Think about the similarities and differences between the two roles you selected, as well as the applicable laws related to these roles.

The assignment (1–2 pages):

Briefly describe two roles that a forensic psychology professional may perform related to police operations. Analyze their function in police operations.

  • Compare (similarities and differences) the roles you selected.
  • Briefly summarize laws that are relevant to each of the roles you selected, and analyze how they are relevant to these roles.
  • Evaluate the insights and/or conclusions gained because of your comparison.
  • Support your responses with references to the Learning Resources and the research literature.

Support your Application Assignment with specific references to all resources used in its preparation. You are asked to provide a reference list only for those resources not included in the Learning Resources for this course.

 

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Corporate finance | Accounting homework help

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 Instruction

 The major difference between a case analysis and problems we do in class is that compared to the latter that often has “standard” answers, the former generally does not. As such it requires you to make choices on which parameters to choose as the input for your analysis, and can have multiple answers. This is natural because in realities we often face choices. The key to write a good case report is to utilize what you learned in this course to justify your choices. So your grade in the case report will not necessarily depend on whether your answer matches the “correct” one, but more on whether your analysis reflects the thinking and skills that this course is trying to deliver. 

In this case, you will use the CAPM model and comparable firms to estimate the weighted average cost of capital (WACC) for a whole company and for each of its divisions. As a starting point, I suggest you to review the PowerPoint lecture slides for Session 4, especially the last example on estimating the WACC for several divisions of a firm. The techniques used in both that example and this case are similar, except that the latter is more complicated and, rather than being directly provided with the inputs needed in your analysis as in the slides example, you will need to find the inputs on your own in the case material. 

Your report should clearly show the hurdle rates (another name for WACC, also called required rate of return) that you would recommend for Marriott as a whole, and for each of its three divisions. 

You should clearly state your choice of parameters (there are quite a few) in the course of analysis and provide brief justifications. Aside from explaining the underlying reasons for your answer to the questions below (mostly estimation issues), your write-up should also contain a brief discussion about the role that “hurdle rate” plays in Marriott’s financial strategy. In particular, discuss the danger of directly applying the hurdle rate of the firm as a whole to its divisions. 

I do not expect you to produce a full business report for this case analysis. Instead, the exercise is meant to capture, through a practical example, some fundamental points that this course tries to deliver. As such, you should limit yourself to produce reports of two to five pages of text. You can include as many exhibits as you need in an appendix (as long as they are referred to in the text). 

You should NOT simply attempt to answer these hint questions as all the content of your final report.): 

• You may use 34% as the corporate tax rate (applicable during the time of the case). 

• Estimation of Equity Beta 

               o We mentioned in class that we need to use target debt ratio in the estimation of the cost of capital. Given this, did Marriott as a whole reach its target ratio at the time of decision making? If not, what should we do to estimate the equity beta? 

              o How/where do we get Rb? Note that the case description mentions the credit spread, which is the premium for Marriott debt above the current (riskfree) government rates. In choosing which riskfree rate, Rf, to use, you should note that as we discussed in class, for best practice we should match the maturity of Rf with the expected life of the project. According to the case, is there any difference between the expected life of Marriott and its three divisions?

                  o What is βb? Should Rb and βb be different for Marriott as a whole and for each of its divisions? Justify. 

               o For Marriott’s contract service division, there are no data on publicly traded comparable firms. However, the case says that the asset beta for Marriott as a whole equals a weighted average of the asset betas of lodging, restaurant, and contract service. What are reasonable weights to use? 

                  o Feel free to lever/unlever using βb = 0 (although one can do better by estimating a more precise βb). 

• Weighted Average Cost of Capital 

                  o Should the risk premium, Rm – Rf, be a spot (i.e., current) rate or a historical average? Should it be a long-term or short-term rate? In other words, should the risk premium be relative to T-bills (maturities of one year or less) or Tbonds (maturities of ten years or longer)? Justify. 

                 o Should Rf vary by division? Should it be a long-term or short-term rate? Which is the more appropriate riskfree rate to use, the current (spot) government interest rate or the historical average? Justify your answers. 

                 o Should Rm – Rf vary by division? 

Antiseptic was the most effective against each individual bacterium tested

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  1. Which antiseptic was the most effective against each individual bacterium tested? Which antiseptic was the least effective? 
  2. Which antibiotic was the most effective against the bacteria from the Bacteria Transmission lab and the Known Bacterial Sample given? 
  3. Besides the zone of inhibition, what other factors (mode of action, toxicity, target organisms…) would you consider if prescribing an antibiotic to a patient infected by known bacteria? 
  4. Which of the food products was the most effective against the bacteria tested? Is the action of the food item bacteriostatic or bactericidal? How can you prove a compound is bacteriostatic?
     5. How can the information obtained from the food bioactivity assay be applied or be useful into your daily life?

Sample Solution

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Joint Inflammation

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Case Study

Mr. Y is a 47 year old, mixed race [Asian/African ethnicity], male patient who presented to your office with severe right great toe pain. Onset of the pain was 2 days ago. Mr. Y denies any known trauma to his right foot or his great toe on that foot. His right great toe is red and became so swollen in the last day that he cannot put on his shoe.

Mr. Y has a history of hypertension for which he is taking HCTZ 25mg daily, Metopralol 50 mg twice daily, and Lisinopril 10 mg daily. He denies any other medical problems.

Results of the lab tests that were ordered:

Sed rate – 93; Glucose, random – 117 mg/dl; Hgb – 13.4 gm/dl; WBC – 8200/ccm with normal diff; Serum uric acid – 10.9 mg/dl; Serum creatinine – 1.2 mg/dl

Assignment Questions

  1. Based on presenting symptoms and lab findings, what is most likely diagnosis that will be made for Mr. Y?
  2. What is the anticipated pharmacologic plan for managing Mr. Y’s acute pain? Provide a justification for the plan including a citation from a peer-reviewed source.
  3. What is the anticipated pharmacologic plan for long-term management of Mr. Y’s diagnosis? Provide a justification for the plan including a citation from a peer-reviewed source.
  4. Identify the key elements of the education plan that would be appropriate for the patient about the acute and chronic pharmacologic plans you identified above.

Instructions

  • Prepare and submit a 3-4 page paper [total] in length (not including APA format).
  • Answer all the questions above.
  • Support your position with examples.
  • Please review the rubric to ensure that your assignment meets criteria.
  • Submit the following documents to this assignment area:
    • Case Study: Acute Joint Inflammation

 

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