Critical Leadership Competencies Needed in 2020
Comment these answer :
What are the key leadership competencies that will be needed in leaders by 2020?
The key leadership competency that will be needed in leaders by 2020 is the ability to be an effective communicator. This competency is necessary because technology allows for organizations to be networked and outsourced. Therefore teams will not be in the same office building or even from the same country.
What are the most significant leadership trends that require a change in leadership approaches by 2020?
The most significant leadership trend that requires a change in leadership approach by 2020 is authenticity and caring. Leaders must be real and leaders must care. Authenticity includes credibility and trust. Caring is important because if an employee doesn’t feel that a leader cares about them as a person or individual morale will be low and therefore productivity will decrease.
What are some of the external trends (e.g., increased globalization, increased diversity, and increased use of technology) that will influence the leadership changes?
External trends that will influence the leadership change are the use of technology. No longer are face-to-face meetings the norm. Conference calls, video conferencing and email have all transformed meetings. Technology is essential today and will be even more important in 2020.
What will the employee of 2020 look like in terms of expectations, skills, and experience?
The 2020 employee will have higher expectations, stronger skills and more work experiences. These terms are all required in order for stakeholder expectations to be met in 2020
In: Operations Management
In: Finance
Getting CT to a 61% Recycle Rate
The adopted Solid Waste Plan of the Connecticut Department of Energy and Environmental Protection sets a goal of increasing the percentage of Connecticut mixed municipal refuse that is recycled from its current rate of 25 - 30% to 61% by 2024. It is believed that if that percentage of recycling is achieved, Connecticut residents will no longer have to pay the high costs of disposing of some of the state's incincerator ash and solid waste in surrounding states.
For this assignment, please develop ideas for how this goal can be achieved. Twelve (12) ideas in total must be developed as follows:
1) Four (4) short-term ideas to be implemented by 2020
2) Four (4) intermediate-term ideas to be implemented by 2022, and
3) Four (4) long-term ideas to be implemented by 2024, the year in which the 61% recycle rate is to be met.
This is going to be a difficult goal to reach for Connecticut "The Land of Steady Habits".
please answer the question as it needed. and i typed the answer for me please. thank you
In: Statistics and Probability
“The U.S. House of Representatives on Friday approved an unprecedented $2.2 trillion stimulus package to alleviate the economic devastation of the coronavirus pandemic and sent it to President Donald Trump to sign into law.” 28 March 2020 Below is one of the elements of the package: Enhanced unemployment aid Payments for jobless workers would increase by $600 per week. Laid-off workers would get those payments for up to four months. Regular benefits, which typically run out after six months in most states, would be extended for an additional 13 weeks. Self-employed workers, independent contractors, and those who typically don’t qualify for unemployment benefits would be eligible. The government would also partially make up wages for workers whose hours are scaled back, in an effort to encourage employers to avoid layoffs. Estimated cost: $260 billion
How do you think the above -mentioned component of the package could affect unemployment rates and GDP of the US?
In: Economics
A manufacturer of colored candies states that
1313%
of the candies in a bag should be brown,
1414%
yellow,
1313%
red,
2424%
blue,
2020%
orange, and
1616%
green. A student randomly selected a bag of colored candies. He counted the number of candies of each color and obtained the results shown in the table. Test whether the bag of colored candies follows the distribution stated above at the
alpha equalsα=0.050.05
level of significance.
LOADING...
Click the icon to view the table.
Determine the null and alternative hypotheses. Choose the correct answer below.
A.
H0:
The distribution of colors is not the same as stated by the manufacturer.
H1:
The distribution of colors is the same as stated by the manufacturer.
B.
H0:
The distribution of colors is the same as stated by the manufacturer.
H1:
The distribution of colors is not the same as stated by the manufacturer.Your answer is correct.
C.
None of these.
Compute the expected counts for each color.
|
Color |
Frequency |
Expected Count |
|
|---|---|---|---|
|
Brown |
6363 |
||
|
Yellow |
6767 |
||
|
Red |
5353 |
||
|
Blue |
5959 |
||
|
Orange |
9797 |
||
|
Green |
6464 |
||
|
(Round to two decimal places as needed.) |
|||
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In: Statistics and Probability
In: Economics
STEPHENSON REAL ESTATE RECAPITALIZATION Stephenson Real Estate Company was founded 25 years ago by the current CEO, Robert Stephenson. The company purchases real estate, including land and buildings, and rents the property to tenants. The company has shown a profit every year for the past 18 years and the shareholders are satisfied with the company’s management. Prior to founding Stephenson Real Estate, Robert was the founder and CEO of a failed alpaca farming operation. The resulting bankruptcy made him extremely averse to debt financing. As a result, the company is entirely equity financed, with 12 million shares of common stock outstanding. The stock currently trades at $53.80 per share. Stephenson is evaluating a plan to purchase a tract of land in the southeastern United States for $49 million. The land will subsequently be leased to tenant farmers. This purchase is expected to increase Stephenson’s annual pretax earnings by $11.5 million in perpetuity. Kim Weyand, the company’s new CFO, has been put in charge of the project. Kim has determined that the company’s current cost of capital is 10.5 percent. She feels that the company would be more valuable if it included debt in its capital structure, so she is evaluating whether the company should issue debt to entirely finance the project. Based on some conversations with investment banks, she thinks that the company can issue bonds at par value with a coupon rate of 7 percent. Based on her analysis, she also believes that a capital structure in the range of 70 percent equity/30 percent debt would be optimal. If the company goes beyond 30 percent debt, its bonds would carry a lower rating and a much higher coupon because the possibility of financial distress and the associated costs would rise sharply. Stephenson has a 21 percent corporate tax rate (state and federal).
1.If Stephenson wishes to maximize its total market value, would you recommend that it issue debt or equity to finance the land purchase? Explain.
2.Construct Stephenson’s market value balance sheet before it announces the purchase.
3.Suppose Stephenson decides to issue equity to finance the purchase.
a.What is the net present value of the project?
b.Construct Stephenson’s market value balance sheet after it announces that the firm will finance the purchase using equity. What would be the new price per share of the firm’s stock? How many shares will Stephenson need to issue to finance the purchase?
c.Construct Stephenson’s market value balance sheet after the equity issue but before the purchase has been made. How many shares of common stock does Stephenson have outstanding? What is the price per share of the firm’s stock?
d.Construct Stephenson’s market value balance sheet after the purchase has been made.
4.Suppose Stephenson decides to issue debt to finance the purchase.
a.What will the market value of Stephenson be if the purchase is financed with debt?
b.Construct Stephenson’s market value balance sheet after both the debt issue and the land purchase. What is the price per share of the firm’s stock?
5.Which method of financing maximizes the per-share stock price of Stephenson’s equity?
In: Finance
Case 4 Eco Plastics Company Since its inception, Eco Plastics Company has been revolutionizing plastic and trying to do its part to save the environment. Eco’s founder, Marion Cosby, developed a biodegradable plastic that her company is marketing to manufacturing companies throughout the southeastern United States. After operating as a private company for 6 years, Eco went public in 2012 and is listed on the Nasdaq stock exchange. As the chief financial officer of a young company with lots of investment opportunities, Eco’s CFO closely monitors the firm’s cost of capital. The CFO keeps tabs on each of the individual costs of Eco’s three main financing sources: long-term debt, preferred stock, and common stock. The target capital structure for Eco is given by the weights in the following table: Source of capital Weight Long-term debt 30% Preferred stock 20 Common stock equity 50 Total 100% At the present time, Eco can raise debt by selling 20-year bonds with a $1,000 par value and a 10.5% annual coupon interest rate. Eco’s corporate tax rate is 21%, and its bonds generally require an average discount of $45 per bond and flotation costs of $32 per bond when being sold. Eco’s outstanding preferred stock pays a 9% dividend and has a $95-per-share par value. The cost of issuing and selling additional preferred stock is expected to be $7 per share. Because Eco is a young firm that requires lots of cash to grow it does not currently pay a dividend to common stockholders. To track the cost of common stock the CFO uses the capital asset pricing model (CAPM). The CFO and the firm’s investment advisors believe that the appropriate risk-free rate is 4% and that the market’s expected return equals 13%. Using data from 2012 through 2018, Eco’s CFO estimates the firm’s beta to be 1.3. Although Eco’s current target capital structure includes 20% preferred stock, the company is considering using debt financing to retire the outstanding preferred stock, thus shifting their target capital structure to 50% long-term debt and 50% common stock. If Eco shifts its capital mix from preferred stock to debt, its financial advisors expect its beta to increase to 1.5. a. Calculate Eco’s current after-tax cost of long-term debt. b. Calculate Eco’s current cost of preferred stock. c. Calculate Eco’s current cost of common stock. D. Calculate ECO's current WACC e.1) assuming that the debt financing costs do not change, what effect would a shift to a more highly leveraged capital structure consisting of 50% LONG TERM DEBT, 0% preffered stock and 50% common stock have on risk premium for ECO common stock? What would be ECO new cost of common equity? 2) what would be ECO’s new weighted average cost of capital (WACC)? 3) which capital structure- the original one or this one- seems better? Why?
In: Accounting
Eco Plastics Company Since its inception, Eco Plastics Company has been revolutionizing plastic and trying to do its part to save the environment. Eco’s founder, Marion Cosby, developed a biodegradable plastic that her company is marketing to manufacturing companies throughout the southeastern United States. After operating as a private company for 6 years, Eco went public in 2012 and is listed on the Nasdaq stock exchange. As the chief financial officer of a young company with lots of investment opportunities, Eco’s CFO closely monitors the firm’s cost of capital. The CFO keeps tabs on each of the individual costs of Eco’s three main financing sources: long-term debt, preferred stock, and common stock. The target capital structure for Eco is given by the weights in the following table: Source of capital Weight Long-term debt 30% Preferred stock 20 % Common stock equity 50 % Total 100% At the present time, Eco can raise debt by selling 20-year bonds with a $1,000 par value and a 10.5% annual coupon interest rate. Eco’s corporate tax rate is 21%, and its bonds generally require an average discount of $45 per bond and flotation costs of $32 per bond when being sold. Eco’s outstanding preferred stock pays a 9% dividend and has a $95-per-share par value. The cost of issuing and selling additional preferred stock is expected to be $7 per share. Because Eco is a young firm that requires lots of cash to grow, it does not currently pay a dividend to common stockholders. To track the cost of common stock, the CFO uses the capital asset pricing model (CAPM). The CFO and the firm’s investment advisors believe that the appropriate risk-free rate is 4% and that the market’s expected return equals 13%. Using data from 2012 through 2018, Eco’s CFO estimates the firm’s beta to be 1.3. Although Eco’s current target capital structure includes 20% preferred stock, the company is considering using debt financing to retire the outstanding preferred stock, thus shifting their target capital structure to 50% long-term debt and 50% common stock. If Eco shifts its capital mix from preferred stock to debt, its financial advisors expect its beta to increase to 1.5. To Do A. Calculate Eco’s current after-tax cost of long-term debt. B. Calculate Eco’s current cost of preferred stock. C. Calculate Eco’s current cost of common stock. D. Calculate Eco’s current weighted average cost capital (WACC). E 1.Assuming that the debt financing costs do not change, what effect would a shift to a more highly leveraged capital structure consisting of 50% long-term debt, 0% preferred stock, and 50% common stock have on the risk premium for Eco’s common stock? What would be Eco’s new cost of common equity? E 2.What would be Eco’s new weighted average cost of capital (WACC)? E 3. Which capital structure—the original one or this one—seems better? Why?
In: Finance
Stephenson Real Estate Company was founded 25 years ago by the current CEO, Robert Stephenson. The company purchases real estate, including land and buildings, and rents the property to tenants. The company has shown a profit every year for the past 18 years, and the shareholders are satisfied with the company’s management. Prior to founding Stephenson Real Estate, Robert was the founder and CEO of a failed alpaca farming operation. The resulting bankruptcy made him extremely averse to debt financing. As a result, the company is entirely equity financed, with 11 million shares of common stock outstanding. The stock currently trades at $48.50 per share.
Stephenson is evaluating a plan to purchase a huge tract of land in the southeastern United States for $45 million. The land will subsequently be leased to tenant farmers. This purchase is expected to increase Stephenson’s annual pretax earnings by $10 million in perpetuity. Kim Weyand, the company’s new CFO, has been put in charge of the project. Kim has determined that the company’s current cost of capital is 10.5 percent. She feels that the company would be more valuable if it included debt in its capital structure, so she is evaluating whether the company should issue debt to entirely finance the project. Based on some conversations with investment banks, she thinks that the company can issue bonds at par value with a coupon rate of 7 percent. Based on her analysis, she also believes that a capital structure in the range of 70 percent equity⁄30 percent debt would be optimal. If the company goes beyond 30 percent debt, its bonds would carry a lower rating and a much higher coupon because the possibility of financial distress and the associated costs would rise sharply. Stephenson has a 40 percent corporate tax rate (state and federal).
In: Finance