Answer: Will report a liability of $5000 for judgement debt and a claim of $11,000
Explanation:
The liability refers to the obligations of the firm which are certain is going to make payment as compensation.
The $5000 liability, although payment has not been made it's already Incurred by the company under the acural concept.
The claim of $11,000 is only probable and not certain even though amount and time of execution can be estimated, since it's not certain it will only be recorded as a claim in the goverments fund balance sheet.
The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.
<h3>What is unemployment rate?</h3>
The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.
The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.
Therefore, the unemployment rate is defined as the state of being unemployed.
Learn more about the unemployment rate, refer to:
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Answer: Life cycle assessment
Explanation: Life cycle assessment is the systematic analysis of environmental impacts of products from design stage through end-of-life, raw materials and energy inputs to its disposal with the ultimate goal to reduce environmental impact. It is concerned with every stage of the life-cycle (from raw material extraction, processing of raw materials, production, distribution, usage and disposal) of a product, process, or service.
Answer: Hoover's days in inventory in 2011 was 50 days.
Explanation:
Given that,
Beginning inventory = $110000
Ending inventory = $70000
Cost of goods sold = $660000
Sales = $900000
Average Inventory = 
= 
= 90000
Inventory Turnover = 
= 
= 7.33
Hoover's days in inventory in 2011 = 
= 
= 50 Days
Answer:
(b). False
Explanation:
In his article, Michael Porter discussed the co-existence of both strategy and operational effectiveness.
Operational effectiveness as per Porter refers to performing activities which are similar to rivals in a better way and outperforming the rivals.
Strategic fit refers to that strategy with which an organization aligns its resources and capabilities with that of the opportunities prevalent in the business environment.
As per Porter, managers get caught up in a bid to improve operational effectiveness that they overlook the importance of a strategy.
Thus, the given statement is false.
