A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

anonymous

  • one year ago

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. $170,000 B. $26,000 C. $196,000 D. –$26,000

  • This Question is Closed
  1. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    @Aureyliant

  2. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    We're dealing with some really fancy shmancy words here! They're just there to confuse you, sweetie! Net profit means the negative profit, or a loss. Let's put this into an equation:

  3. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    **Sorry my mistake.. net profit means the bottom line

  4. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    ok so i divide

  5. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    -$140,000 - $56,000 + 110,000 + 60,000 = -$26,000 so there was a net loss of $26,000 over 4 years.

  6. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Nope, it's just simple addition & subtraction haha

  7. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    ty your really helping me out :)

  8. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Haha no problem, happy to help!

  9. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.