pacific roofing was 3765 in the red see problem 5 at the en

pacific roofing was $3765 \"in the red\" ( see problem 5) at the end of June. At the end of september they were $8976 \"in the end\". did they make or lose money betwen June and September ? how much?

Solution

\"in the red\" means amount owed to creditors so actually these values are in negative

hence difference will be =-8976-(-3765)=-5211

Hence they loose money by $5211