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the table gives a small company’s profits (in thousands of dollars) ove…

Question

the table gives a small company’s profits (in thousands of dollars) over five months. use the table to answer the questions.

monthprofit (thousands of dollars)
february-91
march220
april133
may0

(a) in which month did the company make the most money?
○ january ○ february ○ march ○ april ○ may

(b) in which month did the company lose the most money?
○ january ○ february ○ march ○ april ○ may

(c) what did it mean for the company to have a profit of $0?
○ it lost money that month.
○ it made money that month.
○ it neither made nor lost money that month.

Explanation:

Part (a)

Step1: Compare profit values

Profit values: January \(-334\), February \(-91\), March \(220\), April \(133\), May \(0\). Positive values are profits, negative are losses. Among positive, \(220 > 133 > 0\). March has the highest profit.

Step1: Compare loss magnitudes

Losses are negative profits. Magnitudes: \(|-334| = 334\), \(|-91| = 91\). \(334 > 91\), so January has the largest loss.

Step1: Interpret profit of \(0\)

Profit of \(0\) means revenue equals costs, so no gain or loss.

Answer:

March (Option: March)

Part (b)