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zzz [600]
3 years ago
7

According to Jamie Dimon, "Most leaders I know are working to build something of which they can be proud. They usually work hard

, not because they must but because they want to do so." What specific message on leadership is embedded in this statement? Multiple Choice Leaders should routinely deal with organizational crisis Leaders should be problem solvers Leaders should promote the strengths of the business that they are passionate about Leaders should resolve the weakness of the business that they are in charge of
Business
1 answer:
Vlad [161]3 years ago
3 0

Answer:

Leaders should promote the strengths of the business they are passionate about

Explanation:

Leadership refers to a process whereby an individual induces others into a desirable course of action which is directed at fulfillment of organizational goals and objectives.

Some of the basic necessary qualities a leader must possess include, confidence, honesty and integrity, leading by example, diligence etc.

The given statement points towards two leadership traits. First being creativity, whereby the leader aims to create something unique. Second being, diligence.

The statement conveys the fact that leaders should strengthen the business they belong to via creation of something worth creating from the perspective of business.

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Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 y
lora16 [44]

Answer:

Chen should buy the new machine since it produces a positive NPV of  $1,294

Explanation:

Summary of the Project Cash Flows is as follows :

Year 0                                  = ($120,000)

Year 1 to Year 10                 =    $18,900

The Project cost of capital = 9%

Calculation of the Project`s NPV :

<em>NPV can be calculated from this summary using a financial calculator as :</em>

<em>CF0 = ($120,000)</em>

<em>CF1  = $18,900</em>

<em>Nj     = 10</em>

<em>i       = 9 %</em>

<em>NPV =  ? </em>

<em>NPV = $1,293.73 or $1,294</em>

The Project is accepted only if it has a Positive NPV

Conclusion,

Chen should buy the new machine since it produces a positive NPV of  $1,294.

5 0
3 years ago
A company has net working capital of $2,204, current assets of $6,475, equity of $22,215, and long-term debt of $10,535. What is
kherson [118]

Answer:

Net fixed assets is $30546.

Explanation:

Given the net working capital = $2204

The current assets of the company = $6475

The equity of the company = $22215

Long term debt of the company = $10535

Net Working Capital = Current Assets – Current Liabilities

2204 = 6475 – current liabilities

Current liabilities  = 6475 – 2204 = 4271

Total assets = Current Liabilities + Long term Debt + Total Equity

= 4271 + 10535 + 22215

= $37021

Total Liabilities and Stockholders Equity = Total Assets

Total assets = $37021

Total Assets = Current Assets + Net Fixed Assets

37021 = 6475 + net fixed assets

Net fixed assets = 37021 – 6475 = $30546

4 0
3 years ago
7. Which situation indicates a mixed economy?
STatiana [176]

Answer:

C Services are provided by both private and public sectors.

Explanation:

In a mixed economy, the private sector has the freedom to participate in economic activities, although the government has a role to play.  A mixed economy allows the private sector to own the factors of production hence are free to decide what business they wish to run. Consumers have the liberty to select their suppliers.  There is competition in the market place as profits motivate entrepreneurs.

The government is involved in the provision of public goods such as roads, hospitals, and schools. It provides regulatory services to the private sector to ensure fairness in the economy.

5 0
2 years ago
If $360 is invested at an interest rate of 4% per year and is compounded quarterly, how much will the investment be worth in 18
love history [14]
The answer is $736.96
 formula W=p(1+i/q) *(qy)
where p=360 , y=18 (years) , i-0.04 , q=4 (quarterly compounding)
 W=360(1+.01)*72 
 =360*2.0471
6 0
3 years ago
Read 2 more answers
Rowdy's Restaurants cash flow (in millions) Cash received from: Customers $4,200 Interest on investments 360 Sale of land 260 Sa
uranmaximum [27]

Answer:

$440 millions

Explanation:

The computation of the net cash inflows (outflows) from operating activities is shown below:

Cash flow from Operating activities  

Cash received from Customers $4,200

Interest on investments $360

Less: Cash paid

Interest on debt -$460

Income tax -$240

Purchase of inventory -$2,600

Operating expenses -$820

Net Cash flow from Operating activities         $440 millions

8 0
3 years ago
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