Instructions

Waterways (Chapter 27)For this assignment, you will apply what you have learned from the unit lesson and required unit resources. The Waterways (WP27) case is located on page 27-35 of the textbook. Waterways puts much emphasis on cash flow when it plans for capital investments. The company chose its discount rate of 8% based on the rate of return that it must pay its owners and creditors. Using that rate, Waterways then uses different methods to determine the best decisions for making capital outlays. This year, Waterways is considering buying five new backhoes to replace the backhoes it now has. The new backhoes are faster, cost less to run, provide for more accurate trench digging, have comfort features for the operators, and have 1-year maintenance agreements to go with them. The old backhoes are working just fine, but they do require considerable maintenance. The backhoe operators are very familiar with the old backhoes and would need to learn some new skills to use the new backhoes. The following information is available to use in deciding whether to purchase the new backhoes. Information Old Backhoes New Backhoes Purchase cost when new $90,000$200,000 Salvage value now$42,000 Investment in major overhaul needed in next year $55,000 Salvage value in 8 years $15,000 $90,000Remaining life 8 years. Net cash flow generated each year$30,425 $43,900Instructions:

• In the following methods, evaluate whether to purchase the new equipment or to overhaul the old equipment. (Hint: For the old machine, the initial investment is the cost of the overhaul. For the new machine, subtract the salvage value of the old machine to determine the initial cost of the investment.)
• Are there any intangible benefits or negatives that would influence this decision?
• What decision would you make, and why?

Write your responses to these questions in a Word document. Your paper should be a minimum of two pages in length. You are not required to support your assignment with outside sources; however, if you do, adhere to APA Style when creating citations and references

You are a manager in a large company, and you are assigned to a mentor. Your mentor is very excited that you are taking this course and has therefore asked you to develop and share your own personal theory of leadership. This person wants you to be very detailed in this process and submit a report for review.

Discuss how to apply your personal theory of leadership. Finally, you will write your conclusion and summarizing your personal theory of leadership and describing how it can be taught to others.

Specifically, the following critical elements must be addressed:

II. Application of Personal Theory of Leadership

A. Briefly describe a scenario that occurred in your past or present workplace. What was the impact on internal and external stakeholders?

B. Describe how your personal theory of leadership can be applied to this scenario. Be sure to address your theory’s influence at the individual, group, and organizational levels.

C. Explain how your personal theory of leadership influenced your decision making in this scenario. How did your decisions impact transformational change in your workplace?

D. Evaluate the effectiveness of your personal theory of leadership in this application. Be sure to include potential issues or weaknesses of your personal theory as it relates to transformational change.

E. Determine what tool might be valuable for the evaluation of your personal theory of leadership as it relates to transformational change. Be sure to include key features of the evaluative tool that supports the continuous improvement of your personal theory of leadership.

III. Conclusion

A. Summarize your personal theory of leadership. Be sure to make connections to the identified leadership theories, exemplary and anti-exemplary leaders, and your past or present organizational context.

B. Describe how your personal leadership theory can be taught to others. Be sure to include how your personal theory of leadership would influence transformational change in a contemporary organization.

Your submission should be 5 to 7 pages