Anthony wrote: "the average investor should be checking out the cash flows statement in general to understand the general trend and solidity of a company. Accrual basis data doesn't give nearly as much foresight into future projections of how a company".  As indicated in Anthony's response, the statement of cash flows shows the uses and sources of: cash during for the operating, investing, and financing activities of a company.   The balance sheet and income statement are prepared using the accrual basis of accounting. The statement above regarding the investor's assessment of the general trend and solidity of a company is assuming that all cash transactions are correctly classified as operating, investing or financing activities on the statement of cash flows.   Take a look at the ethics case presented in BYP 12-9 that appears in the Broadening Your Perspective section at the end of Chapter 12 in the WileyPLUS Readings or on page 683 in the eBook version.  The ethics case provides additional information than presented below, which are the key points of the case. The board policy requires the statement of cash flows for Templeton Automotive shows that net cash from operating activities exceeds $1 million dollars.  However, the net cash from operating activities amounts to $970,000. The president of the company asks Nick, the controller if there is any way to increase the operating cash flows by $30,000 or more. "Upon close scrutiny of the statement of cash flows, Nick concludes that he can get the operating cash flows above $1 million by reclassifying a $60,000, 2-year note payable listed in the financing activities section as "Proceeds from bank loan--$60,000." He will report the note instead as "Increase in payables--$60,000" and treat it as an adjustment of net income in the operating activities section." (Kimmel, 2013)  Class, how does the misclassification of a financing activity as an operating activity on the statement of cash flows impact the decision making process of an external user as to the financial status of the company? Reference Kimmel, P. D. (2013). Financial accounting: Tools for business decision making. Retrieved from University of Phoenix eBook Collection. Please read INSTRUCTORS instructions carefully and completely Due date 4/19/15 in 4 hours No plagiarism in own words Will run through a plagiarism checker Will not accept if after due date will dispute References page must include a valid URL to take the reader to the electronic copy of each source. If cannot complete with the given instructions do not reply Please contact me if you have questions Write as a discussion with another student Make a question out of the response, or I found the material interesting, or what do you think I may ask to change some areas at later date 100 to 200 word count Word count is counted by answer only Please write with question first followed by answer Please write clearly simplify I am in the U.S. Week 7.

1. Anthony wrote: "the average investor should be checking out
the cash flows statement in general to understand the general
trend and solidity of a company. Accrual basis data doesn't give
nearly as much foresight into future projections of how a
company". As indicated in Anthony's response, the statement of
cash flows shows the uses and sources of: cash during for the
operating, investing, and financing activities of a company.
The balance sheet and income statement are prepared using the
accrual basis of accounting.
The statement above regarding the investor's assessment of the
general trend and solidity of a company is assuming that all
cash transactions are correctly classified as operating, investing
or financing activities on the statement of cash flows. Take a
look at the ethics case presented in BYP 12-9 that appears in the
Broadening Your Perspective section at the end of Chapter 12 in
the WileyPLUS Readings or on page 683 in the eBook version.
The ethics case provides additional information than presented
below, which are the key points of the case.
The board policy requires the statement of cash flows for
Templeton Automotive shows that net cash from operating
activities exceeds $1 million dollars. However, the net cash
from operating activities amounts to $970,000. The president of
the company asks Nick, the controller if there is any way to
increase the operating cash flows by $30,000 or more.
"Upon close scrutiny of the statement of cash flows, Nick
concludes that he can get the operating cash flows above $1
million by reclassifying a $60,000, 2-year note payable listed in
the financing activities section as "Proceeds from bank loan--
$60,000." He will report the note instead as "Increase in
payables--$60,000" and treat it as an adjustment of net income
in the operating activities section." (Kimmel, 2013)

2. Class, how does the misclassification of a financing activity as
an operating activity on the statement of cash flows impact the
decision making process of an external user as to the financial
status of the company?
Reference
Kimmel, P. D. (2013). Financial accounting: Tools for business
decision making. Retrieved from University of Phoenix eBook
Collection.
Please read INSTRUCTORS instructions carefully and
completely
Due date 4/19/15 in 4 hours
No plagiarism in own words
Will run through a plagiarism checker
Will not accept if after due date will dispute
References page must include a valid URL to take the reader to
the electronic copy of each source.
If cannot complete with the given instructions do not reply
Please contact me if you have questions
Write as a discussion with another student
Make a question out of the response, or I found the material
interesting, or what do you think

3. I may ask to change some areas at later date
100 to 200 word count
Word count is counted by answer only
Please write with question first followed by answer
Please write clearly simplify
I am in the U.S.
Week 7
Assessment
1. Indentify 5 of the 16 issues of Leadership self assessment
according to Ram Charan and why Executives of firms and why
they are necessary to assure profitability.
Ram Charan has found a number of different issues of
leadership self assessment, many of these directly relate to why
Firm executives are necessary to assure profitability.
2. Provide a summary of the key theory issues that draw so
many people to Transformational Leadership, and illustrate with
supportive statements from the course or workplace that
correlate.
The key theory issuses tha draw so many people to
transformational leader ship are show in the readings

4. throughout this week each one illustrates the support needed to
show how each developmental step is used to place people in
the work place.
Week 7 AS1 Leadership Theory - Which one is most accurate?
Analyze and research the Robbins and Judge reading assignment
and summarize your understanding of three major success points
common to many of the Leadership theories.
Christopher Sullivan
The articles discuss how leaders can either be appointed or can
lead within their group, all great leaders seem to have an
intangible power to them, a quality that is difficult to
measure. The Essentials of Organizational Behaviors refers to
“charisma,” a trait that has defined such leaders as John F.
Kennedy and Martin Luther King, as a common denominator for
superior leadership. The article compiles the traits of
charismatic leaders as follows: “they have a vision, they are
willing to take personal risks to achieve that vision, they are
sensitive to follower needs, and they exhibit extraordinary
behaviors.” In the course of our lives most of us have seen these
“extraordinary behaviors” first hand. Great leaders, in times of
extreme crisis, and on a day-to-day basis, demonstrate their
ability to charismatically inspire their followers to be more
creative and productive. As someone who has learned
personally from many charismatic leaders the response to
charismatic leadership is often strong, we know that these
leaders want to see us achieve our goals. I feel more genuine
stepping up for something when the person asking me to do it
cares about the future goal than when they are not invested and
have no interest in passing on that passion to me. Being
authentic is a big piece of being a leader, when those working
for you know that your drive is behind the best interest of all
parties involved you can see the best results from your people.
However, the article also highlights organization,

5. structure, and ethics as vital to the worth of a leader who has
the ability to get the momentum needed to encourage a
following. The organizational responsibility that a leader must
burden is perhaps the side of leadership that is less known or
appreciated. Leaders must execute all of their tasks while
simultaneously assisting staff, providing support, and
structuring assignments. Often they are the first to be dismissed
when things go wrong and they work the longest hours. Leaders
who are not only charismatic, but also consistently up to date on
logistical work and who lead by example are what the article
might refer to as “transformational.”
The article defines “transformational leadership” as the
ability to “inspire followers to transcend their self-interests for
the good of the organization and can have extraordinary effect
on their followers.” This is the kind of leadership that
organizations look for and it is similar to charismatic
leadership. The article also talks about Leadership as something
that you can be taught but that you can also be born with. It can
be natural. Often in leadership one needs a mentor. The article
states that the moments of dire need define certain leaders while
similar leaders can struggle in less troubling times.
The article also points to ethics as a major factor in
leadership. This for me is perhaps the most defining quality of a
leader. Ethics seems to be a quality that affects all of the others.
If leadership is unfair or corrupt, the charisma will not be used
properly. If leadership is serving personal-interests
relationships with employees will suffer and the organization
can face legal struggles. Leaders who are fair to their employees
create more collaboration and have more success in the long
run. It takes many attributes to be a leader, as we have seen this
article identified many of those. But it also talks about how
leaders can only be leaders if they have someone to lead.
Followers need to be receptive, and willing to get better in
order to be affected positively by leadership.
Week 7 AS2 John Maxwell provides the compelling case for

6. levels of leadership, analyze your firm by the presentation and
present and defend how your firm could benefit from the
leadership case
Christopher Sullivan
John Maxwell has a strong outlook on the way leadership needs
to be developed and taught in a step by step manner which he
describes in his five levels of leadership seminar that teaches
people how they can reach top level leadership. Each of
Maxwell’s five steps contributes to the overall success of a
leader, we all need to start somewhere in the world of leaders
and each of Maxwell’s steps will help us develop ourselves into
the leaders we want to be and have the ability to be.
We need to begin with step one this is where we all start at a
position level which will be the start to the path we imprint as
our journey begins on the road to leadership. When we find
ourselves at step one we are in a position level that gives us the
authority to lead a group of people that will follow you because
they have to. These people are the ones that will begin to define
you as a leader they will follow you because they have to, it is
up to us as an individual to work on those who follow us and
get the most out of them as we can while working with them to
improve any systems as best we can.
Level two is explained as the permission level which begins the
transition of people following you because they want to. This
level is all about relationships a leader needs to connect with
their people and be likeable to those who you interact with on a
daily basis. In any work experience you can find a situation
where individuals can not get along, when this happens a leader
must work on the best soloution to resolve the problem quickly
and quietly to ensure that minimal harm is done due to this
negative behavior.
This situation brings us to level three which is the production
level.
When we approach step three we know we are an approachable
and likeable leader, this allows us to the think about more then

7. just what we can get out of our employees but also what can we
do to improve the company as a whole. At this point we need to
make effective decisions on how to improve the bottom line of
the company, what ways as a leader can you be productive and
make sure those who follow you learn from this and produce the
same as you would if you were doing their job. A leader needs
to show that they have been in your shoes before and they know
about the challenges you face and have the qualities needed to
be productive. A leaders best qualities can be found in those
they surround themselves with as we heard in the video we
attrat who we are not what we want.
Level four brings us to people development this is how a leader
becomes defined as a recruiter knowing who will fit where in
their map of success. Successful people position themselves
well, they find what the are good at and they work towards
excelling in that position. A leader will put the right person in
the right position to ensure that they are being represented in
the manner they have portrayed to those who they have had the
privilege to lead.
A successful leader will discover what other people are good at
and have the ability to show them that they can make a
difference in the good of the company. I do it, I do it and you’re
with me, now you do it as I teach you.
Week 7 AS3 Leadership - Northouse - Transformational Theory
- Answer the case study questions at the end of the chapter.
(One of AS3 is Required Meets Objectives 1-4, 20 Points 3
Hours).
Christopher Sullivan
If I were consulting with the HTE Board of Directors during the
time of Harold’s transformational initiatives I would advise
them that Harold’s leadership style was not causing the changes
within the culture of the organization that he was aiming for.
Although the company had physically changed in structure,
there was not enough being done to lead the company in the

8. new, right direction. The employees were now feeling more
instability within the company rather than the desired effect of a
strong, more unified structure. In order for Harold to become an
effective leader, he needs to practice what he preaches. If a
leader wants to change the direction of a company, they need
show their employees that they are willing to change
themselves. Harold cannot continue to drive around a foreign
car and treat employees arbitrarily. He needs to become more
engaged with his employees by promoting more two-way
communication with them and making them feel welcomed and
valued.
I believe that Harold did have a clear vision for the company
but the way he was executing against that vision is what lead to
failure. He began to implement his vision by changing the
organizational structure of management that seemed to lead to a
tight knit group of a select few individuals that made the
majority of decisions within the company behind closed doors. I
do not believe that this approach can succeed within a company
of HTE’s size where there has always been a very rich
organizational structure and culture. I believe employees want
to feel that their input is being valued by senior management
and is being taken into account when decisions are being made.
It does not seem, through Harold’s reorganization, that this
feeling existed any longer. Harold may have physically been
able to implement his vision for the company, but the intangible
values that make any company successful, were no longer there.
In determining whether or not Harold was effective as a change
agent, one must not just look at the volume of change that was
implemented but rather look at whether those changes were
effective in transforming the company and leading it into the
future. Considering this, I do not think Harold was effective as
a change agent. Although there were organizational changes
made within the company, these changes resulted in a cultural
shift within the company that began to make the employees feel
uncomfortable and less valued. He also failed as a social
architect because the social environment within the company

9. changed for the worse. There seemed to be a lack of
communication between employees and management resulting
in decisions being made that did not consider the opinions or
beliefs of the employees. This is imperative in a company as
small and unique as HTE that has a long cultural history.
If Harold did have the chance to return as the president of HTE
I would propose a different plan of attack for implementing the
changes that he wished to make. I don’t believe that Harold’s
plan was necessarily the wrong plan to transform the company.
His history in the industrial is valuable and he very well could
have had the right vision. The problem Harold had was his
execution against his plan. His lack of communication with
employees lead to a feeling of unrest and I think this would be
the first change to make. It is absolutely essential for any leader
to be in communication with those people that they are leading
or there will be no feeling of unity. Secondly, Harold must
practice what he preaches. Harold should be promoting US
products because that is what HTE manufactures and what
makes it successful. If Harold is driving a foreign car while
HTE continues to sell US products, it does not send the right
message to those employees that he is meant to lead. Lastly, he
needs to be clear in his management style. He can’t be seen as
someone who treats people differently arbitrarily. He needs to
be seen as a trusted manager and leader who has clear cut ways
of interacting with his employees.