Presented below are two independent transactions. both transactions have commercial substance. 1. mercy co. exchanged old trucks (cost $63,500 less $19,000 accumulated depreciation) plus cash of $17,000 for new trucks. the old trucks had a fair value of $39,900. 2. pence inc. trades its used machine (cost $11,100 less $3,700 accumulated depreciation) for a new machine. in addition to exchanging the old machine (which had a fair value of $10,100), pence also paid cash of $2,600. prepare the entry to record the exchange of assets by mercy co.

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.

When your stock increases that means that you are paying more for the stock and are losing money so the answer would be loss