Come in and test your knowledge brehs

[Mr Rager]

That is the answer I had, because the question was about how much money the owner lost not the goods.

Merchandise is potential money, breh

 

[hayesc0]

$100

 

[EARFQUAKE]

$200

 

[EARFQUAKE]

-100
-70
-30

He didn't get anything back

 

[Splash]

He got back 70 of the intial 100 the dude stole
And he effectively gave away $70 worth of goods

 

[Blackrogue]

"A guy walks into a store and steals $100 from the register without the owners knowledge. 5 minutes later he comes back in and buys $70 worth of goods with the $100. The owner gives back $30 in change. How much money did the owner lose?"

100 bucks lol

 

[Blackrogue]

$170

Fixed for accuracy

 

[SupaHotIce]

30?

 

[Blackrogue]

100+30=130.

130-70= 60.

$60.00

100 and 30 dollars is what the guy was given out the register. I added those numbers and subtracted the amount of money the guy spent. I could be wrong but my line of thinking is logical.

nah breh. He came into the store with zero dollars and left with 70 dollars worth of product and 30 dollars worth of cash. Total 100 dollard more value than he walked in with coming from the store owner.

If we are being extra technical as a business owner id compute that i lost 30 dollars cash plus the value of goods sold in wholesale value. I get to keep the retail margin and the profit on the 70 dollars purchase

 

[Samori Toure]

Merchandise is potential money, breh

The question was how much money was lost? Not goods.

What would you assess the value of the goods at anyway? The wholesale price that they were purchased at or the resale value that he was hoping for?

 

[SeveroDrgnfli]

nah breh. He came into the store with zero dollars and left with 70 dollars worth of product and 30 dollars worth of cash. Total 100 dollard more value than he walked in with coming from the store owner.

If we are being extra technical as a business owner id compute that i lost 30 dollars cash plus the value of goods sold in wholesale value. I get to keep the retail margin and the profit on the 70 dollars purchase

Besides all the attitude and other ho shyt thanks for breaking it down.

 

[keepemup]

$4,382,974,123,743,728

 

[Grand Cru Boo]

30 cash and 70 in product so $100

reasoning: took the 100 and "bought" 70 in product leaving 30 in cash from previously.

 

[Blackrogue]

He lost $200 worth imo:

-$100 stolen from register

-$70 shoes from store bought with same stolen money

-$30 in change

Breh you lost and seven people so far have dapped you. The biggest thing I've learnt from business is figuring out what really happened in real life in these situations.

 

[ball15life]

depends on his profit margin for the goods. May have bought $70 worth of stuff and the store makes $35. May by $70 and the store makes $5

strong post to avi ratio