Profits and losses for first quarter are:
January: $6000 (profit)
February: $2000 (loss)
March : $5500 (loss)
Translate the company's performance for the first quarter into a mathematical statement
To translate the company's performance for the first quarter into a mathematical statement, we can consider the profit as a positive value and the losses as negative values.
Given the profits and losses for each month:
January: $6000 (profit)
February: $2000 (loss)
March: $5500 (loss)
We can calculate the overall performance for the first quarter by adding up these values:
Total Profit/Loss = January Profit + February Loss + March Loss
Total Profit/Loss = $6000 + (-$2000) + (-$5500)
To simplify the calculation, we can group the negative values:
Total Profit/Loss = $6000 - $2000 - $5500
Now, we can subtract the losses from the profit:
Total Profit/Loss = $6000 - ($2000 + $5500)
Total Profit/Loss = $6000 - $7500
Total Profit/Loss = -$1500
The mathematical statement representing the company's performance for the first quarter would be:
Total Profit/Loss = -$1500