A text friendly version of this chart is provided below: (in millions) 2014 Year-end accounts payable $1,242 Average accounts payable 1,193 Sales 16,148 Cost of goods sold 9,855 Selected recent balance sheet and income statement information for The Gap, Inc. is provided above. Accounts payable days outstanding at the end of 2014 is: Question 3 options: a) 7.7 days b) 19.7 days c) 44.2 days d) 46.0 days

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.

A, a would be the answer.