after borrowing $162, a company’s account balance is -162. what is the company’s account balance if it…

after borrowing $162, a company’s account balance is -162. what is the company’s account balance if it borrows $12 more?\na) -174\nb) -150\nc) 150\nd) 174

after borrowing $162, a company’s account balance is -162. what is the company’s account balance if it borrows $12 more?\na) -174\nb) -150\nc) 150\nd) 174

Answer

Explanation:

Step1: Identify initial balance

The initial balance after borrowing $162 is - 162.

Step2: Add additional borrowing

We add the additional $12 borrowing to the initial balance. So, we calculate -162+( - 12). When adding two negative numbers, we add their absolute - values and keep the negative sign. $|-162|+|-12|=162 + 12=174$, and the sign is negative. So, -162+( - 12)=-174.

Answer:

A. -174