Mona Has Recently Been Named the CEO of a Small

question 85

Essay

Mona has recently been named the CEO of a small production company that she and her parents co-own.She is concerned with the lack of innovation in the company and plans to hire at a minimum ten more employees in the next three years.Currently 92% of the production workforce are white,males who have some college education and are expected to retire in the next five years.What are suggestions for Mona?

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Definitions:

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations and external investment sources.

Investing Activities

Transactions related to the acquisition or disposal of long-term assets and other investments not included in cash equivalents.

Bonds Payable

Long-term liabilities representing amounts owed by a corporation or government to bondholders, to be repaid at a specified future date.

Receipts

Records of transactions indicating payment made or received.