We have been given that Nike reported a profit of $28,951,000 for one quarter (3 months), a profit of $20,570,000 for the second quarter, a profit of $15,342,000 the third quarter, and a loss of $48,037,000 for the fourth quarter.

To find the net profit for year, we will subtract the loss in the 4th quarter from the sum of profit in 3 quarters as:

$\text{Net profit for the year}=\$28,951,000+\$20,570,000+\$15,342,000-\$48,037,000$

$\text{Net profit for the year}=\$64,863,000-\$48,037,000$

$\text{Net profit for the year}=\$16,826,000$

Therefore, the net profit for the year was $\$16,826,000$ .

4 0

3 years ago

The system of equations graphed below has how many solutions? y= 2x+2, y=2x

Art [367]

Y = 2x + 2
Y = 2x -
Subtract

0 = 2

This makes no sense meaning the lines are parallel. Therefore there are 0 solutions.

8 0

3 years ago

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