A company is considering purchasing a machine that costs $ 600000 and is estimated to have no salvage value at the end of its 8-year useful life. If the machine is purchased, annual revenues are expected to be $ 250000 and annual operating expenses exclusive of depreciation expense are expected to be $ 46000. The straight-line method of depreciation would be used. The cash payback period on the machine is:. a. 3.9 years.
b. 8.0 years.
c. 2.9 years.
d. 1.9 years.

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.

16 quarters

The profit for holiday month is 900