The miller company earned $115,000 of revenue on account during year 2. there was no beginning balance in the accounts receivable and allowance accounts. during year 2, miller collected $78,000 of cash from its receivables accounts. the company estimates that it will be unable to collect 3% of its sales on account. the net realizable value of miller's receivables at the end of year 2 was:

It's if you can't see their account. much like a twitter block, they might tell you.

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.