A man buys a goat for $60, sells it for $70....

[Blackrogue]

Lemme make this shyt another 10 pages. Ya'll solve this one.

Spoiler: Answer

1.Bottom left says none of the numbers are correct. Meaning on bottom right only zero is the correct one but placed wrong. Because the other numbers are invalid

2. Top row right says two are correct but placed wrong. We know zero is correct and now know from the top right and bottom right its slot is not in the second or the third number. So its in the first slot.

3. From top right we know now the other number has to be a two or a six, ( it said two are valid) leaving another number which will be a one or a four ( only numbers left)

4. Top left one number is well placed and correct. It features the two numbers two and six. Six is in zeros slot so it's not the one. Two is the one and its in the last slot. Also you can use the top middle to conclude that out of the numbers left one or four is valid. So six doesn't work.

5. So far we have zero in the first slot. six not existing meaning a two existed and well placed in the third slot. With the middle being a one or a four. But one in middle would be well placed in top middle which it says it's not. But four is because it's there but wrong placed in top middle.

042

 

[FreshFromATL]

@R.E.N. Spells Ren
@y2flyy
@MR. SNIFLES
@Morethan1

fukk this shyt, it can be either depending on how you're calculating, all you nikkas are correct. If you just put it on a normal accounting ledger with credit/debits, you'll get $20 after the entire scenario. If you view it as profit/loss on a P&L statement, you'll get $10 profit.

I'm out, this is just one of them joints that get people going for no reason

 

[Blackrogue]

Bruh, you can't just go adding shyt overall like that. The fact you typed this in all caps is just

This is how an accounting ledger work...

I've had accountants work for me and they don't think like business owners who want to know bottom line and how they got there.

Let's do an exercise.

Imagine you had a goat worth 60 dollars then gave me your employee to sell it for you. Then I sell it for 70. Simple enough. Capital was 60, profit was 10, no expenses. You expect me to bring you back 70.

And then I come back and ask you get could you give me 80 dollars and I buy back the goat for you so I can sell it again for 90. Now you have a business decision. Should you say No to me and keep the 10 extra you made or do you say yes. If you do how much do you gain?

Well let's see 10 dollars is what you're trying to do better than. If you agree to your employee what you will give away thus far physically will be a goat and ten dollars. A goat worth 60 dollars to begin with and an extra ten dollars (70 total) to your employee and he comes back with 90. So you make 20 dollars.

The decision you make is you say yes to him go do it. You had the goat for 60 and you could have sold it for 90 but you didn't have that buyer right away. You could have made 30 dollars clean. But instead made 10. And then fixed that mistake and trying to up the profit again by rebuying that goat and then selling it at a 10 dollar markup again.

You made 20. The first person sold to made 10 dollars for his trouble. And the guy who bought it bought it at 30 dollars more than you got it for.

And if you someone who was willing to buy it at 110. Go offer the guy who bought it at 90 a hundred dollars. He makes ten. You go sell it and make another ten.

That's what the numbers really are doing

 

[MR. SNIFLES]

@R.E.N. Spells Ren
@y2flyy
@MR. SNIFLES
@Morethan1

fukk this shyt, it can be either depending on how you're calculating, all you nikkas are correct. If you just put it on a normal accounting ledger with credit/debits, you'll get $20 after the entire scenario. If you view it as profit/loss on a P&L statement, you'll get $10 profit.

I'm out, this is just one of them joints that get people going for no reason

IT ONLY LOOKS LIKE 10 BUCKS IF YOU'RE CARRYING THE DEBT BEYOND THE DATE ON THE SHEET. THE MOMENT THE DEBT IS PAID OR FORGIVEN THE OTHER TEN IS SEEN AS INCOME OR AN ASSET IF SOMETHING WAS BOUGHT WITH THE MONEY.

 

[FreshFromATL]

I've had accountants work for me and they don't think like business owners who want to know bottom line and how they got there.

Let's do an exercise.

Imagine you had a goat worth 60 dollars then gave me your employee to sell it for you. Then I sell it for 70. Simple enough. Capital was 60, profit was 10, no expenses. You expect me to bring you back 70.

And then I come back and ask you get could you give me 80 dollars and I buy back the goat for you so I can sell it again for 90. Now you have a business decision. Should you say No to me and keep the 10 extra you made or do you say yes. If you do how much do you gain?

Well let's see 10 dollars is what you're trying to do better than. If you agree to your employee what you will give away thus far physically will be a goat and ten dollars. A goat worth 60 dollars to begin with and an extra ten dollars (70 total) to your employee and he comes back with 90. So you make 20 dollars.

The decision you make is you say yes to him go do it. You had the goat for 60 and you could have sold it for 90 but you didn't have that buyer right away. You could have made 30 dollars clean. But instead made 10. And then fixed that mistake and trying to up the profit again by rebuying that goat and then selling it at a 10 dollar markup again.

You made 20. The first person sold to made 10 dollars for his trouble. And the guy who bought it bought it at 30 dollars more than you got it for.

And if you someone who was willing to buy it at 110. Go offer the guy who bought it at 90 a hundred dollars. He makes ten. You go sell it and make another ten.

That's what the numbers really are doing

Check my post above yours, bruh. Neither answer is wrong. I agree, it's all about the math technique you're using. The original question is presented in a way to get people riled up because you can have two different answers based on how its calculated and both are legit in the right scenario.

 

[FreshFromATL]

IT ONLY LOOKS LIKE 10 BUCKS IF YOU'RE CARRYING THE DEBT BEYOND THE DATE ON THE SHEET. THE MOMENT THE DEBT IS PAID OR FORGIVEN THE OTHER TEN IS SEEN AS INCOME OR AN ASSET IF SOMETHING WAS BOUGHT WITH THE MONEY.

That how playas save on taxes cuz

 

[Blackrogue]

Check my post above yours, bruh. Neither answer is wrong. I agree, it's all about the math technique you're using. The original question is presented in a way to get people riled up because you can have two different answers based on how its calculated and both are legit in the right scenario.

How much money did he make?

 

[FreshFromATL]

How much money did he make?

Edit: meant to put the 90 in the credit balance

 

[R.E.N. Spells Ren]

@R.E.N. Spells Ren
@y2flyy
@MR. SNIFLES
@Morethan1

fukk this shyt, it can be either depending on how you're calculating, all you nikkas are correct. If you just put it on a normal accounting ledger with credit/debits, you'll get $20 after the entire scenario. If you view it as profit/loss on a P&L statement, you'll get $10 profit.

I'm out, this is just one of them joints that get people going for no reason

No, you're just doing that P&L statement wrong.

He made $20 no matter how you view it. It's not open to interpretation

 

[TillWeDie]

This goat is fukking up people's heads.

 

[At30wecashout]

I can't believe folks are still arguing for anything other than $20. This is actually worrisome. Gotta cross reference in the future so that if anyone who said broke even or made $10 says anything about starting a business, we need to rally to get them the help they deserve. Any 3rd grade teacher will suffice.

 

[Troublesome]

Edit: meant to put the 90 in the credit balance

How do you start with $70, lose $10 profit (leaving you at $60) then end up at $80? It doesnt make sense. He doesnt lose anything. He adds an additional $10 to his $70, makes $90, then pays back the $10, leaving him at $80 after starting the day with $60. $20 profit is the only answer.

 

[FLATOP]

Woke up with 60

Went home with 90

All that matters

 

[MeachTheMonster]

Y'all dumb as fukk in here.



There is no two answers. Anybody saying anything other than $20 is dumb as fukk and you should be ashamed of yourself

 

[Orbital-Fetus]

$10