4. Hightop Roofing was $3765 in the "red" (owed creditors this amount) at the end ofJune. At the end of December they were $8765 in the "red." Did they make or losemoney between June and December? How much?
Question
Answer:
The negative sign shows that they still owed $5000 to the creditors which shows a loss of money between June and December.Step-by-step explanation:Amount owed at the end of June = $3765Amount owed at the end of December = $8765As Hightop Roofing owed creditors the amount, therefore, we will consider the amount as negative, therefore, Amount in June = -3765Amount in December = -8765To see the difference, we will subtract the amount owed in June from the amount owed in December.[tex]Difference=(-8765)-(-3765)\\Difference=-8765+3765\\Difference=-5000[/tex]The negative sign shows that they still owed $5000 to the creditors which shows a loss of money between June and December.Keywords: difference, lossLearn more about losses at:brainly.com/question/10666510brainly.com/question/10699220#LearnwithBrainly
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