Gilbert's expects its september sales to be 20% higher than its august sales of $150,000. manufacturing costs were $100,000 in august and are expected to be $120,000 in september. all sales are on credit and are collected as follows: 30% in the month of the sale and 70% in the following month. payments of manufacturing costs are as follows: 25% in the month of production and 75% in the following month. the beginning cash balance on september 1 is $7,500. the ending balance on september 30 would

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.