a negative net income results when a company spends more money than it brings in. a certain company had the…

a negative net income results when a company spends more money than it brings in. a certain company had the following quarterly net incomes during its 2020 fiscal year. what was the total net income for fiscal year 2020?\n|quarter of fiscal 2020|net income (in billions)|\n|----|----|\n|first| - $1.9|\n|second|$1.3|\n|third|$2.2|\n|fourth| - $2.8|\n\nthe total net income for fiscal year 2020 was billion dollars.\n(type an integer or a decimal.)

a negative net income results when a company spends more money than it brings in. a certain company had the following quarterly net incomes during its 2020 fiscal year. what was the total net income for fiscal year 2020?\n|quarter of fiscal 2020|net income (in billions)|\n|----|----|\n|first| - $1.9|\n|second|$1.3|\n|third|$2.2|\n|fourth| - $2.8|\n\nthe total net income for fiscal year 2020 was billion dollars.\n(type an integer or a decimal.)

Answer

Explanation:

Step1: Define the values

Let $a=- 1.9$, $b = 1.3$, $c = 2.2$, $d=-2.8$.

Step2: Calculate the total net - income

The total net - income $T=a + b + c + d$. Substitute the values: $T=-1.9+1.3 + 2.2-2.8$. First, add $-1.9$ and $1.3$: $-1.9+1.3=-0.6$. Then, $-0.6 + 2.2=1.6$. Finally, $1.6-2.8=-1.2$.

Answer:

$-1.2$