Search warrants

 

 

Search warrants are not always required for vehicles however. This is referred to as the automobile exception or “Mobile conveyance.” This essentially states if law enforcement develops probable cause, which would later justify the issuance of a warrant, to search a motor vehicle, the search can be conducted without a warrant (US v. Albert Ross, 2020). This is because the vehicle can be easily moved, and therefore evidence can be easily displaced.
Discus what law enforcement must demonstrate to a judge to have a search warrant issue.
Law enforcement must demonstrate there is probable cause to believe a search is justified (Legal Information Institute, 2020). This could include probable cause a wanted subject is inside a residence or there are large amounts of narcotics inside an apartment.

respond to this discussion question in 100 words”
1.  Should or Shouldn’t Intelligence information be included in the Making of National Security Policy?  There are one or two options in the Intelligence Community.  Which position do you believe is correct? 200 Words with references

Sample Solution

Search warrants

Intelligence is information gathered within or outside the U.S. that involves threats to our nation, its people, property, or interests; development, proliferation, or use of weapons of mass destruction; and any other matter bearing on the U.S. national or homeland security. The main purpose of intelligence is to provide information to policymakers that may help illuminate their decision options. Both Henry Kissinger and Robert Art make it clear that the identification of national interests is crucial for the development of policy and strategy. Interests are essential to establishing the objectives or ends that serve as the goals for policy and strategy.

If Merrimack adopted FIFO as of January 1, 2008, the income statement and balance sheet would reflect a large increase in net income, which would go from $7,150,000 in 2007 under LIFO, to $12,675,000 in 2008 under FIFO. By making this change from LIFO to FIFO, Merrimack would report an estimated earnings growth rate of 77.3%, rather than a sub-par -27.3% by keeping LIFO. The reason for this is that the costs of goods sold is decreased by the usage of FIFO, which increases gross profit margin and thereby also increasing net income. All of this would reflect positively on retained earnings, and would thus raise stockholders equity on the balance sheet. $2 million more income taxes would be owed however, if Merrimack were to adopt the FIFO method, but regardless of this FIFO would still represent an improvement in net income over LIFO. (See Table 3)

Comparing LIFO 2008 to FIFO 2008

Under the FIFO method, assuming that costs are increasing (inflation), the costs of goods sold would be lower because the first items sold are the most expensive; this results in a $50,500,000 in costs of goods sold under FIFO in 2008 compared to $58,000,000 under LIFO in 2008. As a result, the Gross Margin, the Income before Taxes, and consequently Net Income will all be higher using FIFO as of January 1, 2008, with Net Income in particular being substantially improved from $7,800,000 (under LIFO) to $12,675,000 under FIFO. This has a positive effect on the company’s balance sheet by increasing retained earnings and thereby raising the stockholder’s equity. $2,625,000 more income taxes would be owed if Merrimack were to adopt the FIFO method, but regardless of this FIFO would still improve net income over LIFO. (See Table 3)

If Merrimack changes from LIFO to FIFO in 2008, this would impact its cash flows by lowering the Costs of Goods Sold, increasing tax on Net Income, and therefore producing a higher Net Income. The Cost of Good Sold decreased from 58,000,000, with LIFO to 50,500,000, with FIFO. The Tax Increased from 4,200,000, with LIFO to 6,825,000, with LIFO. The Net Income increased from 7,800,000, with LIFO to 12,675,000, with FIFO.

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