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1 January, 17:39

In the past 4 years, a sporting goods store had two yearly losses of $110,000 and $22,000 and two yearly profits of $140,000 and $80,000.

What was the net profit or loss over 4 years?

A.

-$132,000

B.

-$88,000

C.

$88,000

D.

$220,000

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Answers (1)
  1. 1 January, 20:11
    0
    If you would like to know what was the net profit or loss over 4 years, you can calculate this using the following steps:

    - $110,000 - $22,000 + $140,000 + $80,000 = - $132,000 + $220,000 = $88,000

    The correct result would be C. $ 88,000.
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