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

Question

27 July, 07:48

+4

Answers (1)

Know the Answer?

Faulkner · Answer 1

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

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