A cement manufacturer has supplied the following data: Tons of cement produced and sold 285,000 Sales revenue $ 989,000 Variable manufacturing expense $ 234,000 Fixed manufacturing expense $ 319,000 Variable selling and administrative expense $ 181,380 Fixed selling and administrative expense $ 95,000 Net operating income $ 159,620 The company's contribution margin ratio is closest to:

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