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

Mars

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Most human beings are stupid....the answer is $20.....He made $10 on the first sell...Even if he got a loan to make the 2nd buy,he still made $!0 protit on the sell.
 

Brolic Scholar

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It doesn't matter. Even doing it your way, he started with $60, ends up with $80. Say he has $60 buys the goat, sells it for $70. Now he wants to buy the goat again for $80, he gets the extra $10 from somewhere else so he has the $80, he sells the goat for $90, pays back the $10 and has $80 in his pocket. He started with $60 and now has $80. He made $20.

Nope.
 

MR. SNIFLES

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His pocket. That’s the investment we’re discussing. Not any other money he might have. Just the $60 he started with.

BUT THERE ARE 2 INVESTMENTS.

THIS ISN'T A REUP SITUATION. THESE ARE TWO INDEPENDENT ACTIONS THAT AREN'T RELIANT ON THE OTHER. THE PROBLEM DID NOT MENTION TAKING A LOAN ON EITHER INVESTMENT SO WHY ASSUME THERE IS ONE? EVERYBODY IS ADDING MORE TO THE EQUATION THAN WHAT IS SAID.
 

Brolic Scholar

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BUT THERE ARE 2 INVESTMENTS.

THIS ISN'T A REUP SITUATION. THESE ARE TWO INDEPENDENT ACTIONS THAT AREN'T RELIANT ON THE OTHER. THE PROBLEM DID NOT MENTION TAKING A LOAN ON EITHER INVESTMENT SO WHY ASSUME THERE IS ONE? EVERYBODY IS ADDING MORE TO THE EQUATION THAN WHAT IS SAID.



“BUYS IT BACK” means it’s not two independent actions, goofy.
 

Perfectson

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So nikka? I come from a family of accountants you brick headed nikka. My mother runs a casino, my brother is in finance and I’m starting a trucking business. fukk outta here with that high horse bullshyt. The fukk you think you talking to lame? 1400 on your SAT and don’t know basic math. Congrats!


You come from a family of accountants but you ended up being the trucker lol,

No one take this negro serious, no one cheating off your paper trucker
 

Ghost Utmost

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10. nikkas is overlooking the fact that he sold it for 70 but had to put a 10 with it to buy for 80

I looked iat it as two totally separate transactions.

Let's say 1 week apart.

He made $10 on either viewed separtaely

So still $20 total
 

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You come from a family of accountants but you ended up being the trucker lol,

No one take this negro serious, no one cheating off your paper trucker

Trucking is a BILLION DOLLAR business. Everything in your house was once on a truck. While you’re sitting in an office making someone else rich, I’ll be looking at a million in 5 years along with my brother and father. Goofy nikka.

The nerve to brag on an SAT score or try to down me because I found a lick that’s not an office job. Did massa pat your head when you got to work on time this morning?

:russ::russ::russ::francis::hhh:
 

Cynic

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He lost money in terms of advertising and logistics costs...

We need more info here... did he raise the goat ? Inherit it ?
 
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