Goldilochs Inc

question 69

Multiple Choice

Goldilochs Inc. reported sales of $8 million and net income of $2 million. The firm has a total asset turnover of 1.2. The firm's chief financial officer is projecting a $6 million increase in sales and that spontaneous liabilities will increase by $1 million automatically. The firm currently pays out 50 percent of its net income to shareholders. Assuming that all assets and current liabilities are expected to grow with sales, how much in additional funds will Goldilochs need from external sources to fund the expected growth?

• A) $1,250,000
• B) $1,750,000
• C) $2,500,000
• D) $2,250,000

Explain the operational mechanism of servant leadership.

Identify and exemplify the core characteristics of servant leadership.

Understand the role of power and authority in the practice of servant leadership.

Recognize potential challenges and resistance to servant leadership in organizational contexts.

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Definitions:

Levied

Imposed by authority, typically referring to taxes, fees, or fines.

Total Surplus

The combined total of producer and consumer surplus, indicating the overall net gain for society from producing and consuming a product or service.

Government Imposes

Refers to regulatory actions, taxes, or policy decisions enforced by a government body to regulate social, economic, or environmental practices.

Equilibrium Quantity

The volume of goods or services that are provided and required when the price is at equilibrium.