Doughtry's Pet Shop reported a net loss of $1,500,000 and total expenses of $2,900,000. How much are total sales?

Answer

a. $1,600,000
b. $4,400,000
c. $2,400,000
d. $1,400,000

To find the total sales, we need to calculate the difference between the net loss and total expenses. Total sales can be obtained by adding this difference to the net loss.

Net loss = $1,500,000
Total expenses = $2,900,000

Difference = Total expenses - Net loss
Difference = $2,900,000 - $1,500,000
Difference = $1,400,000

Total sales = Net loss + Difference
Total sales = $1,500,000 + $1,400,000
Total sales = $2,900,000

So, the correct answer is d. $2,900,000.