Last word tonight. The gas station on the corner works on a 15% profit margin on their gas and 100% profit on everything else.
My company runs on a steady 60 % profit margin.
a lady walks in a store and steals a $100 bill from the register without the cashiers knowledge. The lady returns 5 minutes later and buys $70 worth of merchandise with the stolen $100 bill. The cashier gives the lady $30 back in change.
Answer they're looking for is probably $100. But it'seems really a little less depending on the store's profit margin on the $70 worth of goods. The store really onlyou lost $30 plus whatever the goods actually cost the store.
Of course, there is also the value of the time lost by employee gossip about the theft and time spent working with the police. So probably much more than $100!
Store lost $100 -- The $100 bill can't be replaced in the register; it's just gone and unaccounted for. The fact that a legit transaction occurred in the form of a sale of $70, with $30 change means nothing because the original $100 still will be missing from the till when all the day's transactions at that register are reconciled.
So, let me pose this question. What if the lady had shoplifted $100 worth of goods and wasn't caught. Are y'all saying the store owners lost nothing just because their register balanced at the end of the day ? We have info that the store owner does not have. That's what's misleading about the scenario.
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