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Present national data and trends based on the FBI’s Uniform Crime Reporting

For this assignment,  write a report depicting your analysis of historical crime data for a specific category of crime or criminal issue. Focus your research on one component of the criminal justice system (i.e., law enforcement, courts, or corrections). The data and charts you develop may be used in your Final Paper. For this assignment, you will

If you choose to write a report, graphically display the statistical data developed for three comparable cities, counties, or states. Incorporate national statistics for comparison. You must include an introduction that presents the focus of the project for analysis. Your report must be at least five pages in addition to the title page and references page. Your assessment may be in bullet or paragraph format below the graphic display. Make sure you standardize your data (usually 1:1000; 1:10,000; or 1: 100,000) and incorporate the scale in a key for each chart.The Statistical Analysis paper or presentation

  • Must be at least five double-spaced pages (if writing a paper) or at least 10 double-spaced slides (if creating a presentation) in length (not including title and references pages or slides) and formatted according to APA style as outlined in the University of Arizona Global Campus Writing Center’s APA Style (Links to an external site.) or How to Make a PowerPoint Presentation (Links to an external site.)
  • Must include a separate title page or slide with the following:
    • Title of paper, project, etc.
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted

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Uniform Standards of Professional Appraisal Practice

The Uniform Standards of Professional Appraisal Practice (USPAP) are the generally accepted standards for professional appraisal practice in North America. USPAP contains standards for all types of appraisal services. Standards are included for real estate, personal property, business and mass appraisal. The purpose of USPAP is to promote and maintain a high level of public trust in appraisal practice by establishing requirements for appraisers.

All appraisal reports must include a signed and dated certification that these USPAP requirements have been fulfilled. Among the many stipulations, USPAP requires that the appraiser act as a neutral, disinterested third party, who reports the facts in an unbiased manner. These and other requirements comprise the “standard of care” to which appraisers must adhere.

Discuss one USPAP (Uniform Standards of Professional Appraisal Practice) Business Valuation Standard and how that standard may apply to a given circumstance in a business valuation engagement.

You are required to submit a thread of at least 450 words in response to the provided prompt for each forum. For each thread, you must support your assertions with at least two (2) scholarly/professional sources (note that Investopedia and Wikipedia are not scholarly/professional sources). Your sources MUST be cited at the end of your post using proper APA format

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C&C Sports is a family and locally owned sport uniform company based in Texas since 1928.

Reply to this with at least 200 words and reference

C&C Sports is a family and locally owned sport uniform company based in Texas since 1928. Their company started as a sewing operation with intents to provide clothing to workers. Over time, the company found a market niche in manufacturing baseball uniforms and has attributed their continuous success to that. The company is run by the third generation of leadership with relatives running certain management positions.

In conducting a strengths analysis, we find that they are local and do not outsource operations from China. Because of this, they have grown favoritism throughout Texas and have grown a loyal fan base. Product delivery/shipment is also quick and reliable. C&C sports also has a ongoing connection with other vendors in the chain such as Universal Sports which offers marketing, less shipment costs, and additional sales for C&C Sports. Also, due to it’s history and close accounting records, C&C sports has been able to continuously generate income despite sales declining because they were able to understand what to do and that is create less clothes and ultimately, have production expenses reduce.

A weakness analysis displays a lower operating income percentage because it is a smaller firm and therefore can only produce so many clothes and income. In fact, there seems to be an ultimate decline in cash from operations despite income increasing and inventory increasing. There also seems to be a lack of growth and general expansion nationwide as their current business is staying stagnant.

Opportunities arise from C&C Sports’ current weaknesses AND strengths combined. Expansion is necessary in order to generate more revenue. C&C is so customed to occupying their current market niche (baseball apparel) and should look into alternate markets like other sport apparel and equipment even. The company can maintain its core values of not outsourcing but they should look into expanding and networking into other states/stores. The company also should pride themselves on their excellent customer service and high quality items and use those as a main selling point when they do venture into other markets. The company can also utilize various marketing tools from the internet and social media to display their brand.

Threats arise from alternate competitors or sport apparel stores that have been able to carry more than just baseball apparel. Overall, these competitors have occupied a certain portion of the market and C&C’s revenue even if C&C carries exclusive baseball attire (not found in other stores). Another threat that is incoming is the gradual decrease in sales due to the unbalanced operating income percentage. The company should also look into investing into operating activities as their current cash balance is decreasing despite their current method which is trading long term debt for short term debt is only a short-term solution.

It is crucial for C&C Sports to analyze their current financial reports and statements to identify where their strengths can be further utilized and how to correct their weaknesses. It is also important to identify whether or not the third generation President is fully mentally invested and capable in the job as he may no longer what a part of the business and is holding it back. “Thus, it is time to analyze the business’ opportunities and directions to ensure an appropriate match of management and leadership talents with the needs of the company” (Fritz, 1997).

 References:

Davis C. E., & Davis E. (2020). Managerial Accounting, Enhanced eText (4th ed.). John Wiley & Sons. ISBN-13: 9781119577669

Fritz, R. (1997). Wars of Succession : The Blessings, Curses and Lessons That Family-owned Firms Offer Anyone in Business: Vol. 1st ed. Silver Lake Publishing

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Use gretl to generate 1,000 observations from the uniform distribution that ranges from 0 to 45 and name the variable U1

  1. Create a title page that includes your student number.
  2. Use gretl to generate 1,000 observations from the uniform distribution that ranges from 0 to 45 and name the variable U1.
  3. Use gretl to generate another 1,000 observations from the uniform distribution that ranges from 0 to 45 and name the variable U2.
  4. Create a new variable S2 that is equal to the mean of U1 and U2. This variable contains 1,000 samples of the mean of two uniform variables. Now, you have 1,000 samples of the mean of two uniform variables. [Tip: To create a new variable such as S2 right-click in gretl, select ‘Define new variable’ and type S2 = (U1 + U2)/2]
  5. Make a histogram for S2. Include a copy of the histogram in your assignment with a properly labelled x- and y-axis. Describe the distribution in two or three sentences. Be sure to comment on the shape, center and spread. Incorporate statistics whenever appropriate.
  6. Use gretl to generate 1,000 observations from the uniform distribution that ranges from 0 to 45 ten more times and name the variables U3 through U12.
  7. Create a new variable S12 that is equal to the mean of U1 through U12. Now, you have 1,000 samples of the mean of twelve uniform variables.
  8. Make a histogram of S12. Include a copy of the histogram in your assignment with a properly labelled x- and y-axis. Describe the distribution in two or three sentences. Be sure to describe the shape, center and spread. Incorporate statistics whenever appropriate.
  9. In general, explain the effect of increasing the sample size from 2 to 12 using the results you have found in this assignment. Be sure to comment on the shape, center and spread. Incorporate statistics whenever appropriate.

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