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Aleonysh [2.5K]
3 years ago
15

What are the leading economic indicators supposed to predict?

Business
1 answer:
Iteru [2.4K]3 years ago
6 0

Answer:

A leading indicator is any economic factor that changes before the rest of the economy begins to go in a particular direction. Leading indicators help market observers and policymakers predict significant changes in the economy.

Explanation:

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Lee Company has a current ratio of 2.65. The acid test ratio is 2.01. The current liabilities of Lee are $45,000. The dollar amo
White raven [17]
Given:
Current ratio: 2.65
acid test ratio: 2.01
current liabilities: $45,000

Current ratio = current asset / current liabilities
2.65 = current assets / 45,000
2.65 * 45,000 = current assets
119,250 = current assets

Acid test ratio = (current assets - stocks) / current liabilities
2.01 = (current assets - stocks) / 45,000
2.01 * 45,000 = current assets - stocks
90,450 = current assets - stocks

119,250 - 90,450 = 28,800 is the dollar amount of merchandise inventory.
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Private individuals or groups that purchase the rights and systems to run a local location of a larger company.
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Franchises, they start off as some people to a majority of people
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The cpi is a measure of the overall cost of the goods and services bought by a typical consumer.

<h3>What is the CPI?</h3>

The consumer price index is a measure of inflation. It measure the price changes of a basket of goods bought by consumers.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

To learn more about, consumer price index, please check: brainly.com/question/26382640

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3 years ago
Both the seller’s and buyer’s opening escrow packages have some of the same documents. Which document in the opening package is
iris [78.8K]

Answer:

Statement of information

Explanation:

The statement of information must be filled out by both the buyer and the seller. This document is used for requesting title insurance. Title insurance protects the buyer from any problems related to the title of the real estate property. The title is the evidence that the seller is the real owner of the property. Before issuing the policy, the title insurance company checks the property's title and searches for any problems or defects that might exist regarding the property.

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What is known as water beneath the surface that runs in recognizable underground streams or collects in porous ground layers cal
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Answer: Groundwater

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Groundwater are water that gather underneath the soil surface, stored around rocks and slowly flow from a point to another as underground streams. Groundwater is vital to human survival, as they can be consumed directly and are also a source of water for farming.

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