PLAGIARISM MUST BE BELOW 5%!Reform often leads to the creation an alternative solutions. In this assignment you will research a policy that has been revised and provide information about the policy and the steps that were taken to plan and implement the change.Write a 1,050- to 1,400-word paper analyzing how a current criminal justice policy was developed as an alternative solution to its predecessor. Be sure to include the following:Identify the policy.Describe how it was developed as an alternative solution to its predecessor.Analyze the factors that contributed to the policy's development.Explain the importance of developing an alternative.Format your paper in accordance with APA guidelines.

Project: Evaluate the Capital InvestmentScenarioShoals Corporation puts significant emphasis on cash flow when planning capital investments. The company chose its discount rate of 8 percent based on the rate of return it must pay its owners and creditors. Using that rate, Shoals Corporation then uses different methods to determine the most appropriate capital outlays.This year, Shoals Corporation is considering buying five new backhoes to replace the backhoes it now owns. The new backhoes are faster, cost less to run, provide for more accurate trench digging, have comfort features for the operators, and have 1-year maintenance agreements to go with them. The old backhoes are working just fine, but they do require considerable maintenance. The backhoe operators are very familiar with the old backhoes and would need to learn some new skills to use the new backhoes.The following information is available to use in deciding whether to purchase the new backhoes: See Chat in word docInstructions1. Evaluate, discuss, and compare whether to purchase the new equipment or overhaul the old equipment. (Hint: For the old machine, the initial investment is the cost of the overhaul. For the new machine, subtract the salvage value of the old machine to determine the initial cost of the investment.)Calculate the net present value of the old backhoes and the new backhoes.Discuss the net present value of each, including what the calculations reveal about whether the company should purchase the new backhoes or continue using the old backhoes.Calculate the payback period for keeping the old backhoes and purchasing the new backhoes. (Hint: For the old machines, evaluate the payback of an overhaul.)Discuss the payback method and what the payback periods of the old backhoes and new backhoes reveal about whether the company should purchase new backhoes or continue using the old backhoes. Calculate the profitability index for keeping the old backhoes and purchasing new backhoes.Discuss the profitability index of each, including what the calculations reveal about whether the company should purchase the new backhoes or continue using the old backhoes.2. Identify and discuss any intangible benefits that might influence this decision.3. Answer the following: Should the company purchase the new backhoes or continue using the old backhoes? Explain your decision.This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.The specific course learning outcome associated with this assignment is:Analyze the financial condition of a company using vertical, horizontal, and ratio analysis to make informed decisions.

For this part of the course project, you will demonstrate the best use of savings and investment processes.In your role as a financial advisor at Eagle Consulting, you will be meeting a potential customer, Keith Jones. Mr. Jones is 35 years old, married with two children, and would like your help in planning a long-term investment strategy with the $100,000 he has to invest. In advance of your meeting, you decide to create a PowerPoint presentation that will educate Mr. Jones on how stocks and bonds are valued, as well as provide a guide to stock and bond investing.To complete this assignment, do the following:Refer to the Eagle Consulting Info Sheet you downloaded in the first part of this course projectDevelop a 10-screen PowerPoint presentation with accompanying lecture notes that explains the following concepts: Bond valuation techniquesStock valuation techniquesComparison of stock and bond investingThe presentation should include the following slides and accompanying lecture notes. The slide content should be brief and include supporting images or diagrams where appropriate. Use the Notes area beneath each slide to put the accompanying lecture notes for the slide.SlideContent1Title Slide2Slide Content: List of primary benefits of stock investingSpeaker Notes (100-150 words)Explain each identified benefit.3Slide Content: List of primary risks of stock investingSpeaker Notes (100-150 words):Explain each identified risk.4Slide Content: List of primary benefits of bond investingSpeaker Notes (100-150 words)Explain each identified benefit.5Slide Content: List of primary risks of bond investingSpeaker Notes (100-150 words):Explain each identified risk.6Slide Content: Explanation of bond valuation techniquesSpeaker Notes (100-150 words):Discuss the importance for investors of understanding bond valuation techniques.7Slide Content: Step-by-step example of a bond valuation technique using numbersSpeaker Notes (100-150 words):Explain the bond valuation technique.Explain how changing the variables in the example may change the value of the bond.8Slide Content: Explanation of one stock valuation techniqueSpeaker Notes (100-150 words):Discuss the importance for investors of understanding stock valuation techniques.9Slide Content: Step-by-step example of the stock valuation technique using numbersSpeaker Notes (100-150 words):Explain the stock valuation technique.Explain how changing the variables in the example may change the value of the stock.10Slide Content: Recommended portfolio of stocks and bonds for Mr. Jones's situationSpeaker Notes (100-150 words):Explain the reasoning behind this recommendation.Save your assignment as a Microsoft PowerPoint presentation.