The county included the following for governmental activities in its government-wide Statement of Net Position: Capital Assets $4,000,000 Accumulated Depreciation 1,800,000 Total long term debt 2,000,000 Debt used to acquire capital assets 1,400,000 What amount would appear as "Net Investment in Capital Assets" for governmental activities?

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