The following information pertains to monroe company: month sales purchases january $ 65 comma 000 $ 42 comma 000 february $ 80 comma 000 $ 46 comma 000 march $ 108 comma 000 $ 58 comma 000 bullet cash is collected from customers in the following manner: month of sale 35% month following the sale 65% bullet 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. bullet labor costs are 30% of sales. other operating costs are $ 33 comma 000 per month (including $ 9 comma 000 of depreciation). both of these are paid in the month incurred. bullet the cash balance on march 1 is $ 25 comma 400. a minimum cash balance of $ 9 comma 000 is required at the end of the month. money can be borrowed in multiples of $1,000. what is the ending cash balance for march?

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.

The answer is c) it has a lower cost to attend