Balance sheet current assets cash 870,000 acc receivable not given inventories 1,050,000 fixed assets 3,220,000 total assets 6,200,000 current liabilities acc payable not given long-term debt 1,900,000 common stock 680,000 retained earnings 3,190,000 total liab and equity 6,200,000 income statement sales 18,600,000 operating expense 14,320,000 ebit 4,280,000 interest expense 266,000 ebt 4,014,000 taxes 1,606,000 net income 2,408,000 what is the firm's debt ratio?

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.