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.
$196,000
B.
$26,000
C.
$170,000
D.
–$26,000
1 answer:
We just add these numbers all together. The "losses" are negatives and the profits are positive.
-140,000 - 56,000 + 110,000 + 60,000 = -26000 or D
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