Elementary Algebra

Published by Cengage Learning
ISBN 10: 1285194055
ISBN 13: 978-1-28519-405-9

Chapter 1 - Some Basic Concepts of Arithmetic and Algebra - 1.3 - Integers: Addition and Subtraction - Problem Set 1.3: 124

Answer

The total company's loss is $845,000$ dollars.

Work Step by Step

The term "loss" suggests a subtraction of money while the term "profit" suggests the addition of money (gaining money). Annual report: $-615,000$ dollars in $2011$, $-275,000$ dollars in $2012$, $-70,000$ dollars in $2013$ and $+115,000$ dollars in $2014$ Add up all of the loses and profits: $= (-615,000) + (-275,000) + (-70,000) + (115,000)$ $= -615,000 - 275,000 - 70,000 + 115,000$ $= -890,000 - 70,000 + 115,000$ $= -960,000 + 115,000$ $= -845,000$ dollars Therefore, the total company's loss is $845,000$ dollars.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.