The cpi tends to a. estimate inflation correctly. b. underestimate the extent of inflation when prices increase rapidly. c. overestimate inflation by excluding the prices of intermediate products. d. overestimate the extent of inflation because it uses fixed weights and ignores substitution of lower priced items for higher priced items.

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

At the end of the fiscal year, apha airlines has an outstanding non-cancellable purchase commitment for the purchase of 1 million gallons of jet fuel at a price of $4.10 per gallon for delivery during the coming summer. the company prices its inventory at the lower of cost or market. if the market price for jet fuel at the end of the year is $4.50, how would this situation be reflected in the annual financial statements?

You are interested in buying a laptop computer. your list of considerations include the computer's speed in processing data, its weight, screen size, and price. you consider a number of different models, and narrow your list based on speed and monitor screen size, then finally select a model to buy based on its weight and price. in this decision, weight and price are examples of: