Determine the following: a. The stockholders' equity of a company that has assets of $625,000 and liabilities of $310,000. Answer 315000 b. The retained earnings of a company that has assets of $725,000, liabilities of $325,000 and common stock of $225,000. Answer 175000 c. The assets of a corporation that has liabilities of $375,000, common stock of $425,000 and retained earnings of 185,000. Answer 985,000

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.