Harmon sporting goods received a $60,000, 6-month, 10% note from a customer, four months after receiving the note, it was discounted at a local bank at a 12% discount rale. the cash proceeds received harmon were:
a) $63,000
b) $64,680
c) $61,740
d) $67,200

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