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The table shows the annual profits (in millions of dollars) of an online skateboard company from 2017 to 2021. Positive numbers represent gains, while negative numbers represent losses. Which statement describes the profit over the five-year period?

2017 = -2.4

2018 = 0.45

2019 = -6.5

2020 = -2.4

2021 = 3.75

3 answers

To analyze the profit of the online skateboard company from 2017 to 2021, we can summarize the annual profits (in millions of dollars) over the five years:

  • 2017: -2.4 (loss)
  • 2018: 0.45 (gain)
  • 2019: -6.5 (loss)
  • 2020: -2.4 (loss)
  • 2021: 3.75 (gain)

Now, let's calculate the total profit over the five-year period by adding these values:

\[ \text{Total Profit} = (-2.4) + 0.45 + (-6.5) + (-2.4) + 3.75 \]

Calculating step-by-step:

  1. \( -2.4 + 0.45 = -1.95 \)
  2. \( -1.95 - 6.5 = -8.45 \)
  3. \( -8.45 - 2.4 = -10.85 \)
  4. \( -10.85 + 3.75 = -7.1 \)

The total profit over the five-year period is -7.1 million dollars, indicating a net loss.

Based on this analysis, the statement that describes the profit over the five-year period is:

The company experienced a net loss of $7.1 million from 2017 to 2021.

wrong

I apologize for any confusion earlier. Let's re-evaluate the annual profits of the online skateboard company from 2017 to 2021. Here are the profits again:

  • 2017: -2.4 million (loss)
  • 2018: 0.45 million (gain)
  • 2019: -6.5 million (loss)
  • 2020: -2.4 million (loss)
  • 2021: 3.75 million (gain)

Now let's calculate the total profit again:

\[ \text{Total Profit} = (-2.4) + 0.45 + (-6.5) + (-2.4) + 3.75 \]

  1. First, sum the losses:

    • \( -2.4 + (-6.5) + (-2.4) = -2.4 - 6.5 - 2.4 = -11.3 \)

  2. Now, add the gains:

    • \( -11.3 + 0.45 + 3.75 = -11.3 + 0.45 = -10.85 \)
    • \( -10.85 + 3.75 = -7.1 \)

The total profit over the five-year period is indeed \(-7.1\) million dollars, indicating a net loss.

Thus, the accurate statement is: The company experienced a net loss of $7.1 million from 2017 to 2021.

If you believe there is a different interpretation or additional context, please provide more details, and I'll be happy to assist further!