Answer:
A democratic leader
Explanation:
A democratic leader is characterized by a participative approach to leadership, representing a shared form of leadership where decisions are made collectively by all leaders.
In this scenario, everyone within the organization or company has the right to contribute and share new ideas or perspectives.
Therefore, in the context of the question, Grey is depicted as a democratic leader since he gathers all department heads to engage in the decision-making process.
Answer:
Option (B) is the right choice.
Explanation:
Profit before taxes:
= Sales - Operating costs - Depreciation
= $40,000 - $10,000 - (50,000 × 33%)
= $40,000 - $10,000 - $16,500
= $13,500
Profit after taxes:
= Profit before tax - Tax at 40%
= $13,500 - $5,400
= $8,100
Thus,
Year 1 operating cash flow for the 911 Wings project:
= Profit after tax + Depreciation
= $8,100 + $16,500
= $24,600
