Answer to Question #85080 in Financial Math for Jazzlynn

Question

At the beginning of the year, a company's net worth was $-17 million. During the year, it lost $5 million. What was the company's net worth at the end of the year

Answer 1

If at the beginning of the year, a company's net worth was $-17 million and, during the year, it lost $5 million, then the company's net worth at the end of the year is -$17 - $5 = -$22 million.