Questions: Let I represent the income (in millions of dollars) for a company. A company posted a net income loss of 12,873 million for the fiscal year 2016.
Transcript text: Let I represent the income (in millions of dollars) for a company.
A company posted a net income loss of $\$ 12,873$ million for the fiscal year 2016.
Solution
Solution Steps
To solve this problem, we need to represent the net income loss of the company in millions of dollars as a negative number. This is because a loss is typically represented as a negative value in financial statements.
Step 1: Representing the Net Income Loss
The company posted a net income loss of \( \$12,873 \) million for the fiscal year 2016. This loss can be represented mathematically as:
\[
I = -12873
\]
where \( I \) represents the income in millions of dollars.
Final Answer
The net income loss for the company is
\[
\boxed{I = -12873}
\]