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How smart are you ? Riddle me this !

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    #91
    Originally posted by Drycreek3189 View Post
    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.
    The register will NOT balance at the end of the day; it will be short $100. They just won't know where it went.

    Shoplifting is also accounted for during annual or semi-annual inventory-- it's just harder to do with certainty. Store brings in merchandise valued at x-amount; y-amount of sales occur during a one-year time period. Value of merchandise on hand, plus that sold during the year should balance with merchandise brought in for the year. Shoplifting is difficult to quantify, but is a large factor in "shrink" of the value total of on-hand merchandise. Damage and store-use items are trackable to a greater extent.

    Thieves cost everyone.

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      #92
      Originally posted by Drycreek3189 View Post
      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.
      If she stole $100 worth of goods, sold it for $100 and then came back and bought $70 worth of goods with a $100 bill how much money would the store have lost?

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        #93
        Wow

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          #94
          Originally posted by Encinal View Post
          If she stole $100 worth of goods, sold it for $100 and then came back and bought $70 worth of goods with a $100 bill how much money would the store have lost?
          I need some Excedrin.......

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            #95
            The real question should be... how much did she make on the deal.

            Javi

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              #96
              The question was asked 3 1/2 hrs ago and y'all are still arguing over the cost of merchandise.

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                #97
                How much wood would a wood chuck chuck if a woodchuck could chuck wood? Purple

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                  #98
                  I want to know if they fired the cashier that let someone in their register.

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                    #99
                    A lady walks in a store and steals a $100 bill from the register

                    The first part of the question sums it all up. Everything else is added to confuse you.

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                      Originally posted by Drycreek3189 View Post
                      But it will only be correct because the owner doesn't know ( but we do ) that the $100 bill was theirs to begin with. The question was " How much did they lose ", not if they knew they lost.........
                      The thief stole a $100 bill and put it in his left pocket. Then hew bought a $70 item and paid with it out of right pocket with $100 getting $30 back in change. How much was lost now?
                      Also what if the $70 item was marked 50% off on sale. How much was lost now?

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                        Originally posted by Drycreek3189 View Post
                        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.
                        Would be till they did a store inventory and matched it to sales. Inventory amount and sales receipts would be different.

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                          I see a lot of possible future politicians posting in this thread

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                            Read the first sentence only. The rest doesn't matter and is only there to confuse you and it worked on most even those that got the correct answer.

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                              Profit margin don't matter. If that's the case then she bought 70 bucks worth of stuff that probably cost 35 bucks. 50% markup if it's like the local grocery store. I'd say just a hunnert.

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                                LoL

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