Select the best answer for the question.

At the beginning of the month, a store had a balance of [tex]-\$554[/tex]. During the month, the store lost another [tex]\$600[/tex]. What is the current balance?

A. [tex]-\$1,000[/tex]
B. [tex]\$1,154[/tex]
C. [tex]-\[tex]$1,154[/tex]
D. [tex]-\$[/tex]600[/tex]



Answer :

To solve this problem, we need to determine the final balance of the store after accounting for additional losses during the month.

1. Starting with the initial balance:
The store began with a balance of [tex]$-\$[/tex] 554[tex]$. This means the store was already in a debt of $[/tex]\[tex]$ 554$[/tex] at the beginning of the month.

2. Calculating the total loss:
During the month, the store incurred an additional loss of [tex]$\$[/tex] 600[tex]$. 3. Finding the current balance: To determine the final balance, we need to combine the initial balance with the additional loss. This is done by adding the loss to the initial balance (since the initial balance is negative, adding a positive loss amount will further decrease the balance). Therefore, the current balance can be calculated as: \[ -554 - 600 = -1154 \] 4. Selecting the correct answer: The final balance is $[/tex]-\[tex]$ 1,154$[/tex]. Among the given options, the best answer is:

C. [tex]$-\$[/tex] 1,154$