# An ice cream company reported a net profit of $24,000 in 2002 and a net loss of$11,000 in 2003. How much did the company‘s profits change from 2002 to 2003?

An ice cream company reported a net profit of $24,000 in 2002 and a net loss of$11,000 in 2003. How much did the company‘s profits change from 2002 to 2003?
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Carina Moon
Let the profits be an increment of $24000, which can be represented as +$24000.
Let the losses be a decrement of $11000, which can be represented as −$11000.
To find the change in profits, find the difference between the profits and losses,
|+$24000−(−$11000)|=$35000 The modulus function is to ensure that the difference is positive, as change is scalar. Hence, the company's profits change$35000.