A professional engineer who teaches at a university also does consulting as time permits. Her efforts do not conflict with her professorial job and she does this work through her own (one-person) company. Gross income for the year is $207,000; depreciation of equipment is $23,000; expenses such as travel, liability insurance, fees to specialty contractors, rent, and similar expenses are $34,500; and interest on a small loan is $3,500. What is her taxable income

6x 2.54 is 15.24, answer is c

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.