Question

In the past 4 years, a sporting goods store had two yearly losses of $140,000 and $56,000 and two yearly profits of $110,000 and $60,000.



What was the net profit or loss over 4 years?



A.
–$26,000


B.
$26,000


C.
$170,000


D.


$196,000

Answer 1

@butterflydreamer

Answer 2

losses = negative
profits = positive
So what do you think you need to do for this question?

Answer 3

so
-140,000 + 56,000 - 110,000 + 60,000

Answer 4

right

Answer 5

not quite

Answer 6

how then

Answer 7

-140,000 + -56,000 + 110,000 + 60,000

Answer 8

look at your question:
It says the losses are 140,000 and $56,000
So this means ( -140 000 ) and (- 56 000)

and two yearly profits of $110,000 and $60,000.
So this means ( + 110 000) and ( + 60 000)

Now add them all together....
-140 000 - 56 000 + 110 000 + 60 000 = ?

Answer 9

Add up the losses and profits and subtract.

Answer 10

110000 + 60000 = ?

Answer 11

140,000 + 56000 = ?

Answer 12

1.170000
2.196000

Answer 13

yep now subtract so...
170 000 - 196 000 = ?

Answer 14

-26,000

Answer 15

A

Answer 16

Yep, that's our answer.

Answer 17

ok thanks guys

Answer 18

no problem ^_^