The company paid dividends of $15,000 last year. the "investment in buisson, s. a.," on the balance sheet represents an investment in the stock of another company. the company's minimum required rate of return of 15%. required: 1. compute the company's average operating assets for last year. 2. compute the company’s margin, turnover, and return on investment (roi) for last year. (round "turnover" to 1 decimal place.) 3. what was the company’s residual income last year?

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.