According to Hallcrest II, American businesses' losses to crime in 1990 were estimated at:

The correct answer reflects the findings from the Hallcrest II report, which highlighted the significant impact of crime on American businesses in 1990. The estimated loss of $114 billion indicates the scale of theft, fraud, and other criminal activities affecting businesses at that time. This figure not only underscores the financial implications of crime but also emphasizes the need for robust security measures and policies to mitigate such losses. Understanding this statistic is crucial for security professionals as it illustrates the importance of investing in crime prevention strategies and highlights the economic cost associated with criminal activities within the business sector.

In contrast, the other figures do not accurately capture the scale reported in Hallcrest II, making them less relevant when considering the historical context of crime impacts on businesses during that period.