Use the Following Data to Solve the Following Questions:
-Frontier $\begin{array}{llcc}\text {Year 1}&\text {Year 2}&\text {Year 3}\\\hline \$ 4,000& \$ 6,000&\$ 7,000 \end{array}$

question 2

Multiple Choice

Use the following data to solve the following questions:
-Frontier Landscaping owns some equipment that is used in their operations. Management estimates that the equipment will last another three years and will generate the following future cash flows at the end of each year. $\begin{array}{llcc}\text {Year 1}&\text {Year 2}&\text {Year 3}\\\hline \$ 4,000& \$ 6,000&\$ 7,000 \end{array}$
Calculate the present value of each of these future cash flows given a 4% discount rate.

• A) $15,617
• B) $9,394
• C) $18,135
• D) $35,165

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Definitions:

Greenleaf's Theory

Greenleaf's Theory, also known as Servant Leadership, emphasizes that the main goal of a leader should be to serve others, prioritizing the needs of employees or team members to enhance their growth and well-being.

Servant Leadership

A leadership philosophy that emphasizes the leader's role as serving the needs of others to achieve goals.

Society's "Have-Nots"

Individuals or groups lacking in economic resources, social status, or power, often marginalized within a society.

Leader's Respect

Leader's respect involves leaders earning admiration through integrity, fairness, and demonstrating genuine care for their team members.