Luella always wanted a designer purse but they were too expensive to purchase. recently she was introduced to a company that allowed individuals to rent one. the purse that luella rented initially cost her $80 with a $15 monthly rental fee. she plans on renting a new purse until the average cost of renting the purse is less than $19. when will the average monthly cost of renting the purse drop to less than $19?

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