Explanation

a. Factors affecting turnover:

(i) Reputation of the company (goodwill).

(ii) The type/nature/varieties of goods being sold.

(iii) Availability of credit facilities.

(iv) The level of advertisement and publicity put in place by the company.

(v) The pricing policy adopted by the company (Reduction in price).

(vi) Level of competition.

(vii) Availability of stocks for sale.

(viii) Nearness to consumers.

(ix) Good packaging and branding.

(b) Working capital is the amount of money available for the day-to-day running of a business. It is calculated as current assets less current liabilities.

(c) The importance of working capital:

(i) Adequate working capital ensures that a company can meet its day-to-day activities.

(ii) It shows whether a company is solvent or not.

(iii) It determines the size of the business and the volume of trading.

(iv) It is used to manage resources efficiently for higher profits.

(v) It shows whether a company is overtrading or not.

(vi) It can be used by a business for planning against loss.

Correct Answer: C. acts of the National Assembly

Correct Answer: D. \( 1.24 \times 10^{15}\)Hz

Explanation

h = \( 6.6 \times 10^{-34}\)Js, 1eV = \( 1.6 \times 10^{-19}\)J, \(E_1\) = - 8.6eV, \(E_2\) = - 3.5eV, f = ?

ΔE = hf

f = \(\frac{ΔE}{h}\)

ΔE = \(E_2\) - \(E_1\) = - 3.5eV - (- 8.6eV) = 5.1eV

but 5.1eV = 5.1 X \( 1.6 \times 10^{-19}\) = \( 8.16 \times 10^{-19}\)J

f = \(\frac{8.16 \times 10^{-19}}{ 6.6 \times 10^{-34}}\)

Therefore, f = \( 1.24 \times 10^{15}\)Hz

Correct Answer: C. birds

Correct Answer: D. the science and art of farming to satisfy human needs

Explanation

(a) Difference between nationalization and indigenization: Nationalization is the act of bringing industry or part of it under exclusive ownership and control of the state/government while indigenization is a policy initiative designed to accelerate the greater participation of indigenes in the ownership and management of business enterprises in their country.

(b) Advantages of nationalization:

(i) Nationalization leads to standardization of the products of the nationalized industry.

(ii) It ensures that important social services are provided at affordable costs to the consumers.

(iii) It may lead to rationalization and elimination of waste.

(iv) It provides employment opportunities to the citizens.

(v) It ensures the development of local skills and technology in the areas involved.

(vi) Nationalization may mean more efficient production and distribution e.g. water supply.

(vii) To prevent exploitation of consumers/prevention of monopoly.

(b) Disadvantages of Indigenization:

(i) It may lead to retaliation/disharmony/disagreement/conflict among nations/countries.

(ii) Despite indigenization, indigenes still rely heavily on foreign market for machinery, spare parts, raw materials and technology.

(iii) Indigenization has not resulted in corresponding efficiency by the citizens/poor performance.

(iv) Equity control is not matched with management control. Hence management control of the indigenized industries still remains in foreign hands/ fronting.

(v) It discourages foreign investment thereby denying the country of the foreign capital that is needed to stimulate economic growth.

(vi) Indigenization policy tends to be a disincentive to economic development when viewed from the perspective of the rapid decline in domestic output of goods and services.

(vii) The indigenization policy tended to concentrate shares into a few rich individuals who could afford to buy the shares of the indigenized enterprises, thus widening the gap between the rich and the poor.

(viii) Insufficient local funds required for participation in specified enterprises hindered the establishment of indigenized enterprises.

Correct Answer: C. 60 cm²

Explanation

Joseph was one of the exceptional leaders in the history of the Israelites. He had some talents which he put to use every leadership position he found himself (Gen.37:1-28, 41:1-57; 45:1-15). Joseph was loved by his father more than any of his eleven brethren and he always reported his brothers' misdeeds to their father. He was also a dreamer and had 3 gift of vision. He narrated his dreams to his brothers and to his father. Because of this, his father reprimanded him and his brothers hated him. As an obedient and faithful child, his father sent him to see to the welfare of his brethren who :onspired on sighting him from afar and sold him into slavery, thereby attempting to frustrate God's plan for him.

As a slave in Egypt, God equipped him with the gifts of endurance and faith. He knew what was right and avoided all forms of immorality. Even when he was imprisoned unjustly, he endured all the suffering and became a trusted friend to his fellow :risoners.

He interpreted the dreams of his fellow prisoners. The chief butler proved ungrateful to. Joseph for two years he did nothing to help him. Afterwards Pharaoh had dreams which Joseph later interpreted. From prison, he was elevated and appointed as Governor of Egypt and was given unlimited powers. He showed excellent management ability as governor.

His humility and love made him keep a level head, even when his brethren, who no longer recognized him, came to buy corn in Egypt. Through a number of tests, he got them to confess their past guilt and misdeeds or wrongdoing. Like a true Bader, he forgave them and reconciled with them. Finally, he sent for his father and ensured that he lived his final days in peace.

Correct Answer: C. accounts have to be publicized

Correct Answer: (B) Borno