g Financial statements are designed primarily to: Group of answer choices Indicate to investors in a particular company the current market values of their investments. Report to the Internal Revenue Service the company's taxable income. Provide people outside the business organization with information about the company's financial position and operating results. Provide managers with detailed information tailored to the managers' specific information needs. None is correct.

Burnley and co., a graphic design firm, has offices in new york, texas, california, new mexico, and new jersey. each of these offices is headed by a president who reports directly to emma burnley, the ceo. the heads of the centralized hr, finance, and marketing teams report to emma burnley as well. managers in the various offices also report to the ceo directly. based on this information, which of the following statements is most likely to be true? a) emma burnley has a wide span of control. b) burnley and co. has a tall hierarchical structure. c) emma burnley is underworked. d) burnley and co. is a mechanistic organization.