The first and second year’s sales for a company were $225,000 and $547,000. The expenses for the first year were $186,000. The company had a net profit of $202,000 after two years. What were the company's expenses for the second year$16,000 A. $16,000 B. $384,000 C. $586,000 D. $788,000
what do you think the answer is and why?
I think its c because you keep adding them until you hit 16,000 but im not sure if its right
well first you have to add the total amount of sales that happened in the first and second year so that would be \[225,000+547,000\]
=772,000 right
yup and what do you think we have to do next?
add 186,000+202,000
then divide the sum by 2 or no?
well you right the first time but you don't divide by 2, you subtract the second value from the first one
202,000-186,000=160,000
wait not 160000 16000
no i meant after you ad 202,00 with 186,000, you subtract that sum from the first thing we got so it would be 772,000 - the sum you get
oooooh
so what'd you get?
-756,000
no it would be 772,000-388,000 so you gotta find out what that equals
334,000
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