Answer:
True
Explanation:
Financial statement of an organisation consist of the Income statement, Balance sheet and the statement of cash flow.
The income statement shows the total revenue and expenditure of firm during a period (i.e, during a trading year). Income statement usually is prepared to show the gross profit and net profit of the business during a trading period.
On the other hand, The balance sheet of a firm shows the financial position of the firm as at a particular period of time. It show the owner's equity, the asset and the liabilities of the business as at a particular date.
However, the cash flow statement shows the inflow and outflow of cash in and out of the business. it shows the net change in cash resulting from the operation, investment and other financial activities of the firm during a period of time.
Hence, we can conclude that the main quality of a financial statement is that it must be timely (i.e should be available immediately at the end of the financial year for it to be useful because when delayed, it become useless.
Answer: Alienated follower
Explanation:
Alienated followers are independent and critical thinkers who participate not to the beam or fullness of their capacity in a group. Sophia is discouged by the inactiveness of her boss concerning her complians and this makes her to complain to anyone who may be willing to speak to him, this makes her a alienated follower.
Answer:
D). Global
Explanation:
The firms adopting a standardized global strategy possesses a higher level of ambiguity in performance in comparison to the firms pursuing other different strategies as the range is quite broad and therefore, the uncertainties are higher. Such firms possesses a higher level of ambivalence as a single product may not be suitable to the demands and interests of the people globally which is a key assumption in global standardized strategy. Thus, <u>option D</u> is the correct answer.
Answer:
A) R(x) = 120x - 0.5x^2
B) P(x) = - 0.75x^2 + 120x - 2500
C) 80
D) 2300
E) 80
Explanation:
Given the following :
Price of suit 'x' :
p = 120 - 0.5x
Cost of producing 'x' suits :
C(x)=2500 + 0.25 x^2
A) calculate total revenue 'R(x)'
Total Revenue = price × total quantity sold, If total quantity sold = 'x'
R(x) = (120 - 0.5x) * x
R(x) = 120x - 0.5x^2
B) Total profit, 'p(x)'
Profit = Total revenue - Cost of production
P(x) = R(x) - C(x)
P(x) = (120x - 0.5x^2) - (2500 + 0.25x^2)
P(x) = 120x - 0.5x^2 - 2500 - 0.25x^2
P(x) = - 0.5x^2 - 0.25x^2 + 120x - 2500
P(x) = - 0.75x^2 + 120x - 2500
C) To maximize profit
Find the marginal profit 'p' (x)'
First derivative of p(x)
d/dx (p(x)) = - 2(0.75)x + 120
P'(x) = - 1.5x + 120
-1.5x + 120 = 0
-1.5x = - 120
x = 120 / 1.5
x = 80
D) maximum profit
P(x) = - 0.75x^2 + 120x - 2500
P(80) = - 0.75(80)^2 + 120(80) - 2500
= -0.75(6400) + 9600 - 2500
= -4800 + 9600 - 2500
= 2300
E) price per suit in other to maximize profit
P = 120 - 0.5x
P = 120 - 0.5(80)
P = 120 - 40
P = $80
Answer:
Directive
Explanation:
Under directive style of leadership, a leader's approach is more of commanding and directive in nature in the sense, the leader will assign tasks and issue directions with respect to how those tasks are to be executed.
This approach is more formal and works in an environment where the job of the subordinates does not require specialization. So in such cases, the subordinates need to be guided and commanded in order to avoid uncertainty in task execution.
In the given case, Timothy is focused upon maintaining clarity with respect to direction and the performance of tasks. His leadership style incorporates quick decision making, focusing upon short term targets.
This is an example of directive form of leadership.
