The hoffmans owned and operated a successful small bakery. lukowitz, an agent of red owl stores, told them that for $18,000 red owl would build a store and fully stock it for them to operate. the hoffmans sold their bakery and purchased a lot on which red owl was to build the store. lukowitz then told the hoffmans that the price had gone up to $26,000. the hoffmans borrowed the extra money from relatives, but then lukowitz informed them that the cost would be $34,000. negotiations broke off and the hoffmans sued. the court determined that there was no contract. can the hoffmans recover any money?

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year