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KiRa [710]
2 years ago
12

A primary difference between macroeconomics and microeconomics is

Business
1 answer:
sleet_krkn [62]2 years ago
6 0

'Micro is the study of individuals and business decisions while macroeconomics while macro studies the decisions of the governments and countries.'

Microeconomics examines individual markets while macroeconomics examines the economy.

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The following incorrect income statement was prepared by the accountant of the Axel Corporation:
Airida [17]

Answer:

Sales revenue         $  710,000

Cost of goods sold $ 385,000

Gross Profit             $ 325,000

Selling expense              71,000

Administrative expense 91,000

Operating Income        163,000

Non-Operating Income

Interest revenue                   44,000

Gain on sale of investments 91,000

Interest expense                  (28,000)

Restructuring costs              (67,000)

Income before taxes           203,000

Income tax expense              (50,750)

Net Income                            152,250

Shares outstanding 100,000

Earnings per share $1.52

Explanation:

We need to determinate gross profit.

then, the operating income therefore the interest and restructuring cost are not considered.  Same goes for the gain on investment as aren't part of the business normal activities.

3 0
3 years ago
The Federal National Mortgage Association (Fannie Mae) was originally established to provide a secondary market for FHA-insured
Crazy boy [7]

The statements regarding Fannie Mae loan are true except that A. Fannie Mae lends money directly to homebuyers.

<h3>How to illustrate the information?</h3>

It should be noted that Federal National Mortgage Association (Fannie Mae) was established to provide a secondary market for FHA-insured and VA-guaranteed loans.

Fannie Mae fully guarantees timely payment of interest and principal to investors and is authorized to buy both conventional home loans and government-sponsored

In conclusion, the correct option is A.

Learn more about loan on:

brainly.com/question/26011426

#SPJ1

3 0
2 years ago
an economy where more money is being collected than is being allocated or spent is known as what type of economic stance
nlexa [21]

It is known as Contractionary.

4 0
3 years ago
Read 2 more answers
How are most travel itineraries arranged?
bekas [8.4K]
Event by event so you know the schedule

4 0
3 years ago
A broker is an agent who:A. Trades on the floor of an exchange for himself or herself.B. Buys and sells from inventory.C. Offers
Viefleur [7K]

Answer:

D. brings buyers and sellers together

Explanation:

6 0
3 years ago
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