Analysis of a company's financial statements: below are simplified versions of the balance sheet and income statement for toys by tom, inc. use this information to answer the following question. toys by tom, inc. has a current ratio of suggesting

1. what was the premise behind the recording industry association of america’s lawsuit against napster? 2. based on your knowledge of how napster worked, if you downloaded a copy of a song from a friend’s hard drive using napster, would you be infringing on the musician’s or record company’s copyright? 3. describe the scope of the digital millennium copyright act and what or whom it protects. 4. what was the link between the digital millennium copyright act and the napster legal proceedings? 5. what are the legal implications of napster’s online music-sharing service?