The following december 31, 2021, fiscal year-end account balance information is available for the stonebridge corporation: cash and cash equivalents $ 6,500 accounts receivable (net) 35,000 inventory 75,000 property, plant, and equipment (net) 195,000 accounts payable 54,000 salaries payable 15,000 paid-in capital 175,000 the only asset not listed is short-term investments. the only liabilities not listed are $45,000 notes payable due in two years and related accrued interest of $1,000 due in four months. the current ratio at year-end is 1.8: 1. required: determine the following at december 31, 2021:

Ithink the answer is b

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

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