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"Using BIDMAS I’d say you earned nothing because this isn’t work " And maths isn’t fun! | |||
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"Using BIDMAS I’d say you earned nothing because this isn’t work And maths isn’t fun!" Not in this case!! Stressing me out to know the answer! | |||
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"£400" Thank fuck the first answer was correct. If anybody seriously thinks it is anything else give your head wobble | |||
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"Using BIDMAS I’d say you earned nothing because this isn’t work And maths isn’t fun!" Exactly | |||
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"£400" Sorry but you are wrong | |||
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"£400 Thank fuck the first answer was correct. If anybody seriously thinks it is anything else give your head wobble " It's not right it's not £400. | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? " So you bought it for 800 then sold it for 1000 witch meant you made 200 profit You rebout it for 1100 witch means your profit is now 100 Then you sold it for 1300 witch is another 200 profit Witch means your total profit is 300 | |||
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"Using BIDMAS I’d say you earned nothing because this isn’t work And maths isn’t fun!" Maths can be fun. | |||
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"£400 Thank fuck the first answer was correct. If anybody seriously thinks it is anything else give your head wobble It's not right it's not £400. " Give your head a wobble | |||
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"£400 Thank fuck the first answer was correct. If anybody seriously thinks it is anything else give your head wobble It's not right it's not £400. Give your head a wobble" Lol | |||
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"£400 Sorry but you are wrong " Not the first time someone’s said that to me tbf | |||
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"He answer is £300" Joking. This isn’t earning | |||
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"£400 Sorry but you are wrong Not the first time someone’s said that to me tbf " Hugs xx | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? So you bought it for 800 then sold it for 1000 witch meant you made 200 profit You rebout it for 1100 witch means your profit is now 100 Then you sold it for 1300 witch is another 200 profit Witch means your total profit is 300 " Give me strength - you didn't lose 100 when you bought it for 1100. Are you on a wind up? | |||
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"To stop this madness progressing and ruining my beauty sleep. Let's assume you started with £1000 in the bank. Bought for 800 now 200 in the bank. Sold for 1000 so now 1200 in the bank. Up 200. Bought for 1100 so now 100 in the bank. Sold for 1300 so now 1400 in the bank. Started with 1000 and now got 1400 so 400 profit. The bigger question is what to do with the 400 profit? " The starting is 800 not 1000 the answer to the question is literally 300 | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? So you bought it for 800 then sold it for 1000 witch meant you made 200 profit You rebout it for 1100 witch means your profit is now 100 Then you sold it for 1300 witch is another 200 profit Witch means your total profit is 300 Give me strength - you didn't lose 100 when you bought it for 1100. Are you on a wind up? " Yes you do as you didn’t have 1100 you had 1000 so you have to add 100 of your own money to get it | |||
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"To stop this madness progressing and ruining my beauty sleep. Let's assume you started with £1000 in the bank. Bought for 800 now 200 in the bank. Sold for 1000 so now 1200 in the bank. Up 200. Bought for 1100 so now 100 in the bank. Sold for 1300 so now 1400 in the bank. Started with 1000 and now got 1400 so 400 profit. The bigger question is what to do with the 400 profit? The starting is 800 not 1000 the answer to the question is literally 300 " You can start with whatever amount you want in the bank. I was just making it easy. The numbers would be the same accept you would have an overdraft of -100 when you bought it. Here you go: Started with 800 in the bank. Bought for 800 so now zero in the bank. Sold for 1000 so 1000 in the bank. Bought for 1100 so overdraft of 100. Sold for 1300 so 1200 in the bank. Started with 800 and now got 1200. I will make this a test for any potential sexual partner and refuse to have sex if they get it wrong. | |||
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"I will make this a test for any potential sexual partner and refuse to have sex if they get it wrong. " | |||
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"To stop this madness progressing and ruining my beauty sleep. Let's assume you started with £1000 in the bank. Bought for 800 now 200 in the bank. Sold for 1000 so now 1200 in the bank. Up 200. Bought for 1100 so now 100 in the bank. Sold for 1300 so now 1400 in the bank. Started with 1000 and now got 1400 so 400 profit. The bigger question is what to do with the 400 profit? The starting is 800 not 1000 the answer to the question is literally 300 Then how could you buy it back for £1100 if at that point you only have £1000 in the bank?" The question doesn’t say how much the person has in the bank The only starting number we have is 800 So it’s 800 sold for 1000 is 200 profit You then re buy and hafe to add 100 witch means your 100 down out your profit Then sold for 1300 witch is 200 profit Witch means total profit is 300 | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? So you bought it for 800 then sold it for 1000 witch meant you made 200 profit You rebout it for 1100 witch means your profit is now 100 Then you sold it for 1300 witch is another 200 profit Witch means your total profit is 300 Give me strength - you didn't lose 100 when you bought it for 1100. Are you on a wind up? Yes you do as you didn’t have 1100 you had 1000 so you have to add 100 of your own money to get it " Yes which you will get when you sell it back PLUS 200 profit. | |||
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"To stop this madness progressing and ruining my beauty sleep. Let's assume you started with £1000 in the bank. Bought for 800 now 200 in the bank. Sold for 1000 so now 1200 in the bank. Up 200. Bought for 1100 so now 100 in the bank. Sold for 1300 so now 1400 in the bank. Started with 1000 and now got 1400 so 400 profit. The bigger question is what to do with the 400 profit? The starting is 800 not 1000 the answer to the question is literally 300 Then how could you buy it back for £1100 if at that point you only have £1000 in the bank? The question doesn’t say how much the person has in the bank The only starting number we have is 800 So it’s 800 sold for 1000 is 200 profit You then re buy and hafe to add 100 witch means your 100 down out your profit Then sold for 1300 witch is 200 profit Witch means total profit is 300 " Follow the calculations of your bank balance or cash in hand step by step starting with 800. I've literally typed it all out above. You can lead a horse to water......... | |||
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" The starting is 800 not 1000 the answer to the question is literally 300 " If you only have £800 to start, you can't buy the cow for £1,100. You would only have £1,000 in the bank from the first sale! The profit must be £400. | |||
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"The question was how much did I earn not how much is now in the bank account. " Yes but how much in account now vs when started or how much cash now vs when started ia literally the definition of how much you earnt Looks like no sex for me from here. Goodnight. I need to go before I say something that will get me a timeout | |||
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"The question was how much did I earn not how much is now in the bank account. " If you’d written ‘you brought a cow..’ and then asked how much did I earn, I’d say nothing but that’s not how it’s written so I will await your answer OP | |||
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"The question was how much did I earn not how much is now in the bank account. Yes but how much in account now vs when started or how much cash now vs when started ia literally the definition of how much you earnt Looks like no sex for me from here. Goodnight. I need to go before I say something that will get me a timeout " Sending you 300 hugs xx | |||
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"I think the issue here is that we are not including people that don’t have access to overdrafts and prove that are only dealing in cash. Terrible terrible world. Just ban the money. Ban the profit and spread love. " I agree more love xxx | |||
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"I Bought A Cow For $800 Riddle Explanation To explain, let us read the riddle once again. The full riddle reads I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How Much Did I Earn. Here in the first statement, the riddle says I bought a cow for $800. Thereafter I sold it for $1000. So I make $1000-$800 = $200. Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. Next statement of the riddle says I sold it again for $1300. So now I have made $1300-$1100=$200 in this transaction. So Firstly I made $200 in the first transaction. Thereafter I lost $100 in the second transaction. Thereafter I made $200 in the final transaction. So the finally I made $200 – $100 + $200 = $300. Therefore, I Bought A Cow For $800 Riddle Answer is $300. Honestly people don’t start a business up " As Abraham Lincoln once said - "don't believe everything you read on the internet" | |||
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"I Bought A Cow For $800 Riddle Explanation To explain, let us read the riddle once again. The full riddle reads I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How Much Did I Earn. Here in the first statement, the riddle says I bought a cow for $800. Thereafter I sold it for $1000. So I make $1000-$800 = $200. Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. Next statement of the riddle says I sold it again for $1300. So now I have made $1300-$1100=$200 in this transaction. So Firstly I made $200 in the first transaction. Thereafter I lost $100 in the second transaction. Thereafter I made $200 in the final transaction. So the finally I made $200 – $100 + $200 = $300. Therefore, I Bought A Cow For $800 Riddle Answer is $300. Honestly people don’t start a business up As Abraham Lincoln once said - "don't believe everything you read on the internet" " You just found another person on the internet who needs to give their head a wobble. | |||
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"I Bought A Cow For $800 Riddle Explanation To explain, let us read the riddle once again. The full riddle reads I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How Much Did I Earn. Here in the first statement, the riddle says I bought a cow for $800. Thereafter I sold it for $1000. So I make $1000-$800 = $200. Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. Next statement of the riddle says I sold it again for $1300. So now I have made $1300-$1100=$200 in this transaction. So Firstly I made $200 in the first transaction. Thereafter I lost $100 in the second transaction. Thereafter I made $200 in the final transaction. So the finally I made $200 – $100 + $200 = $300. Therefore, I Bought A Cow For $800 Riddle Answer is $300. Honestly people don’t start a business up As Abraham Lincoln once said - "don't believe everything you read on the internet" " Like I sed don’t start a business up it fail dramticly | |||
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"I Bought A Cow For $800 Riddle Explanation To explain, let us read the riddle once again. The full riddle reads I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How Much Did I Earn. Here in the first statement, the riddle says I bought a cow for $800. Thereafter I sold it for $1000. So I make $1000-$800 = $200. Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. Next statement of the riddle says I sold it again for $1300. So now I have made $1300-$1100=$200 in this transaction. So Firstly I made $200 in the first transaction. Thereafter I lost $100 in the second transaction. Thereafter I made $200 in the final transaction. So the finally I made $200 – $100 + $200 = $300. Therefore, I Bought A Cow For $800 Riddle Answer is $300. Honestly people don’t start a business up As Abraham Lincoln once said - "don't believe everything you read on the internet" Like I sed don’t start a business up it fail dramticly " I think my Abraham Lincoln quote went over your head much like this primary school maths problem. | |||
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"I Bought A Cow For $800 Riddle Explanation To explain, let us read the riddle once again. The full riddle reads I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How Much Did I Earn. Here in the first statement, the riddle says I bought a cow for $800. Thereafter I sold it for $1000. So I make $1000-$800 = $200. Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. Next statement of the riddle says I sold it again for $1300. So now I have made $1300-$1100=$200 in this transaction. So Firstly I made $200 in the first transaction. Thereafter I lost $100 in the second transaction. Thereafter I made $200 in the final transaction. So the finally I made $200 – $100 + $200 = $300. Therefore, I Bought A Cow For $800 Riddle Answer is $300. Honestly people don’t start a business up As Abraham Lincoln once said - "don't believe everything you read on the internet" Like I sed don’t start a business up it fail dramticly I think my Abraham Lincoln quote went over your head much like this primary school maths problem. " That much primer school maths problems I literally had to spell the answer out to you anyway I am done with this conversation just as simple as that you shown me all I need to see | |||
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"I Bought A Cow For $800 Riddle Explanation To explain, let us read the riddle once again. The full riddle reads I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How Much Did I Earn. Here in the first statement, the riddle says I bought a cow for $800. Thereafter I sold it for $1000. So I make $1000-$800 = $200. Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. Next statement of the riddle says I sold it again for $1300. So now I have made $1300-$1100=$200 in this transaction. So Firstly I made $200 in the first transaction. Thereafter I lost $100 in the second transaction. Thereafter I made $200 in the final transaction. So the finally I made $200 – $100 + $200 = $300. Therefore, I Bought A Cow For $800 Riddle Answer is $300. Honestly people don’t start a business up " It’s far too late and I’m confused. If I bought the cow for £800 and sold it eventually for £1300, even with the £100 that let’s say I borrowed from Thomas, going back to Thomas, I’ve got £400 more than I started with? | |||
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"Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. " To make a profit or loss you have to buy and sell. The first buy-and-sell deal netted you £200. That's the end of that business. At some later time, you buy a cow for £1,100. This is the start of new business. The fact that it happens to be the same cow is irrelevant. And the proceeds of the first business are insufficient to cover the cost of the new one. But you haven't lost £100 to anyone. Maybe you borrowed it. So business deal number 1 makes £200 And business number 2 makes another £200 Profit from two separate business deals is £400. | |||
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"I Bought A Cow For $800 Riddle Explanation To explain, let us read the riddle once again. The full riddle reads I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How Much Did I Earn. Here in the first statement, the riddle says I bought a cow for $800. Thereafter I sold it for $1000. So I make $1000-$800 = $200. Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. Next statement of the riddle says I sold it again for $1300. So now I have made $1300-$1100=$200 in this transaction. So Firstly I made $200 in the first transaction. Thereafter I lost $100 in the second transaction. Thereafter I made $200 in the final transaction. So the finally I made $200 – $100 + $200 = $300. Therefore, I Bought A Cow For $800 Riddle Answer is $300. Honestly people don’t start a business up As Abraham Lincoln once said - "don't believe everything you read on the internet" Like I sed don’t start a business up it fail dramticly I think my Abraham Lincoln quote went over your head much like this primary school maths problem. That much primer school maths problems I literally had to spell the answer out to you anyway I am done with this conversation just as simple as that you shown me all I need to see " There is even a YouTube video to explain to people like you where they are going wrong. https://youtu.be/-OdoMxI3-74 | |||
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"I Bought A Cow For $800 Riddle Explanation To explain, let us read the riddle once again. The full riddle reads I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How Much Did I Earn. Here in the first statement, the riddle says I bought a cow for $800. Thereafter I sold it for $1000. So I make $1000-$800 = $200. Now the 3rd statement says I bought it again for $1100. Here if you see, I have bought the same cow again for $1100. So I had a loss of $100 as previously the cow was sold for $1000 and bought again at $1100. Next statement of the riddle says I sold it again for $1300. So now I have made $1300-$1100=$200 in this transaction. So Firstly I made $200 in the first transaction. Thereafter I lost $100 in the second transaction. Thereafter I made $200 in the final transaction. So the finally I made $200 – $100 + $200 = $300. Therefore, I Bought A Cow For $800 Riddle Answer is $300. Honestly people don’t start a business up As Abraham Lincoln once said - "don't believe everything you read on the internet" Like I sed don’t start a business up it fail dramticly I think my Abraham Lincoln quote went over your head much like this primary school maths problem. That much primer school maths problems I literally had to spell the answer out to you anyway I am done with this conversation just as simple as that you shown me all I need to see There is even a YouTube video to explain to people like you where they are going wrong. https://youtu.be/-OdoMxI3-74 " Ooo YouTube wrong give me two seconds | |||
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"Can I just say it's not £300 or £400." it’s a Marxist question isn’t it? The answer is 0. | |||
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"Can I just say it's not £300 or £400. it’s a Marxist question isn’t it? The answer is 0. " going to sleep like a baby tonight | |||
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"Can I just say it's not £300 or £400." So I take it a highly tounted bussnes simulation got it wrong as well then Game called sim companies go it wrong as well then As this question is literally in it I got it wrong as well as I sed 400 and then the game explained it to me what was happening | |||
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"I started with £800. I sold my cow for £1000. Nice. I’ve made £200! I bought that same cow for £1100. And had to reinvest that £200 plus an extra £100 I’ve borrowed from Thomas. I then sell the cow for a whopping £1300. Hooray. I’ve gone from £800 to £1300! Thomas thanks for the £100, mate, have it back! Now I’ve got £1200. " Who is this Thomas you speak of and do you think he’ll lend me £100 too? | |||
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"£400 in case you’re still wondering " We and others have said this and yet we’re wrong | |||
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"£400 in case you’re still wondering We and others have said this and yet we’re wrong " You’re not wrong | |||
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"Seriously can you not add up ? You invested an initial amount and ended up with a higher amount take one from the other that’s your (gross) revenue. Take off any costs of sales and tax that’s your net profit " Net profit is 300 Right I am going to do this simple First you spend 800 on a cow Next you sell it for 100 means 200 profit Now you have to buy a cow for 1100 you don’t have 1110 you only have 1000 so you need to add 100 off your own money take your profits down form 200 to 100 Then you sell that cow for 1300 witch is another 200 profit Witch means net profit is 300 it’s business economy 101 | |||
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"Seriously can you not add up ? You invested an initial amount and ended up with a higher amount take one from the other that’s your (gross) revenue. Take off any costs of sales and tax that’s your net profit Net profit is 300 Right I am going to do this simple First you spend 800 on a cow Next you sell it for 100 means 200 profit Now you have to buy a cow for 1100 you don’t have 1110 you only have 1000 so you need to add 100 off your own money take your profits down form 200 to 100 Then you sell that cow for 1300 witch is another 200 profit Witch means net profit is 300 it’s business economy 101 " Oh Natalie, I love you but I truly don’t understand this rationale at all! Besides which the OP has said £300 and £400 are the wrong answers, so who know what the actual correct answer is?! Perhaps this is one of those times where we will have to agree to disagree | |||
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"Seriously can you not add up ? You invested an initial amount and ended up with a higher amount take one from the other that’s your (gross) revenue. Take off any costs of sales and tax that’s your net profit Net profit is 300 Right I am going to do this simple First you spend 800 on a cow Next you sell it for 100 means 200 profit Now you have to buy a cow for 1100 you don’t have 1110 you only have 1000 so you need to add 100 off your own money take your profits down form 200 to 100 Then you sell that cow for 1300 witch is another 200 profit Witch means net profit is 300 it’s business economy 101 " Look at like this you start the day trading with 900 and end with 1300. That’s all there is to it. and it’s not net profit it’s gross revenue , two completely things in business economy 102, the edition not for dummies | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? " Something tells me the easy answer isn’t right Total out 800 + 1100 = 1900 Total in 1000 + 1300 = 2300 2300 - 1900 = 400 But it wouldn’t be a riddle if it was that easy, so I think the misdirection is in the “how much did I earn” part but I can’t see why | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? Something tells me the easy answer isn’t right Total out 800 + 1100 = 1900 Total in 1000 + 1300 = 2300 2300 - 1900 = 400 But it wouldn’t be a riddle if it was that easy, so I think the misdirection is in the “how much did I earn” part but I can’t see why " “ 1. Before I posted, the top answer on Google search is $300 which is WRONG. There is genuine confusion! People who got the correct answer of $300 may even doubt themselves. 2. This is a real world math problem. You need to know this to manage your money and file your taxes properly! There is no shame if you got it wrong. The only shame is in being stubborn about a wrong answer. Math and economics are skills and we need to practice them. The answer You earned $400.” No, the easy answer was right, just too many people are dumb | |||
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"As an accountant the answer is £400. End of thread. I broke my rule of not doing maths outside of work hours. F" [Leaves thread at 18/10/23 09:07:27] | |||
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"Seriously can you not add up ? You invested an initial amount and ended up with a higher amount take one from the other that’s your (gross) revenue. Take off any costs of sales and tax that’s your net profit Net profit is 300 Right I am going to do this simple First you spend 800 on a cow Next you sell it for 100 means 200 profit Now you have to buy a cow for 1100 you don’t have 1110 you only have 1000 so you need to add 100 off your own money take your profits down form 200 to 100 Then you sell that cow for 1300 witch is another 200 profit Witch means net profit is 300 it’s business economy 101 " Might wanna head back to “addition and subtraction for infants” before tackling economy 101 | |||
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"No, the easy answer was right, just too many people are dumb " That feels a mean thing to say tbh | |||
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"As an accountant the answer is £400. End of thread. I broke my rule of not doing maths outside of work hours. F" So can I ask the accountant whare the extra 100 comes from Last I looked 800+200 was 1000 The cost off the next cow is 1100 Emmmm my maths says your short 100 | |||
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"Profit = Income - Costs Income = 1000 + 1300 = 2300 Costs = 800 + 1100 = 1900 Profit = 2300 - 1900 = 400" But your 100 short to by the next cow witch means you need to add 100 out your own pocket witch means you profits is 300 you can’t by the second cow without add 100 in to it | |||
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"As an accountant the answer is £400. End of thread. I broke my rule of not doing maths outside of work hours. F So can I ask the accountant whare the extra 100 comes from Last I looked 800+200 was 1000 The cost off the next cow is 1100 Emmmm my maths says your short 100 " That £100 is unnecessary. You need to have had £800 at the beginning to even buy the cow. F | |||
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"Profit = Income - Costs Income = 1000 + 1300 = 2300 Costs = 800 + 1100 = 1900 Profit = 2300 - 1900 = 400 But your 100 short to by the next cow witch means you need to add 100 out your own pocket witch means you profits is 300 you can’t by the second cow without add 100 in to it " I think you need to read up on basic maths. The ordering doesn’t matter. Change the numbers round if you want and plug them into the equation - the answer is still the same. | |||
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"As an accountant the answer is £400. End of thread. I broke my rule of not doing maths outside of work hours. F So can I ask the accountant whare the extra 100 comes from Last I looked 800+200 was 1000 The cost off the next cow is 1100 Emmmm my maths says your short 100 That £100 is unnecessary. You need to have had £800 at the beginning to even buy the cow. F" My firms books would be short off 100 witch means my books would be wrong as my company had to shell out 100 to pay for next cow That would land me in trouble with the tax man | |||
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"No, the easy answer was right, just too many people are dumb That feels a mean thing to say tbh " Look at the replies and tell me it’s wrong though This is year 4 maths and adults with the ability to vote are struggling even after being given the answer | |||
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"£1200" You can help out with our next IPO, we need people with a solid grasp of financial reporting blended with a healthy optimism | |||
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"£1200" You might be onto something there | |||
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"As an accountant the answer is £400. End of thread. I broke my rule of not doing maths outside of work hours. F So can I ask the accountant whare the extra 100 comes from Last I looked 800+200 was 1000 The cost off the next cow is 1100 Emmmm my maths says your short 100 That £100 is unnecessary. You need to have had £800 at the beginning to even buy the cow. F My firms books would be short off 100 witch means my books would be wrong as my company had to shell out 100 to pay for next cow That would land me in trouble with the tax man " Earnings and taxable profits are two wildly different things. F | |||
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"£1200 You might be onto something there " I’m quietly confident | |||
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"£1200 You can help out with our next IPO, we need people with a solid grasp of financial reporting blended with a healthy optimism " Sure! | |||
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"As an accountant the answer is £400. End of thread. I broke my rule of not doing maths outside of work hours. F So can I ask the accountant whare the extra 100 comes from Last I looked 800+200 was 1000 The cost off the next cow is 1100 Emmmm my maths says your short 100 That £100 is unnecessary. You need to have had £800 at the beginning to even buy the cow. F My firms books would be short off 100 witch means my books would be wrong as my company had to shell out 100 to pay for next cow That would land me in trouble with the tax man Earnings and taxable profits are two wildly different things. F" Books are still wrong I had to shell out a extra 100 | |||
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"As an accountant the answer is £400. End of thread. I broke my rule of not doing maths outside of work hours. F So can I ask the accountant whare the extra 100 comes from Last I looked 800+200 was 1000 The cost off the next cow is 1100 Emmmm my maths says your short 100 That £100 is unnecessary. You need to have had £800 at the beginning to even buy the cow. F My firms books would be short off 100 witch means my books would be wrong as my company had to shell out 100 to pay for next cow That would land me in trouble with the tax man Earnings and taxable profits are two wildly different things. F Books are still wrong I had to shell out a extra 100 " Also they not as I been taxed more than I should have been as I have reported earnings off 400 Whare it’s really 300 as I had to shell out 100 to by the next cow | |||
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"As an accountant the answer is £400. End of thread. I broke my rule of not doing maths outside of work hours. F So can I ask the accountant whare the extra 100 comes from Last I looked 800+200 was 1000 The cost off the next cow is 1100 Emmmm my maths says your short 100 That £100 is unnecessary. You need to have had £800 at the beginning to even buy the cow. F My firms books would be short off 100 witch means my books would be wrong as my company had to shell out 100 to pay for next cow That would land me in trouble with the tax man Earnings and taxable profits are two wildly different things. F Books are still wrong I had to shell out a extra 100 " You can literally put it into a calculator though -800 +1000 -1100 +1300 Give it a try Are we being trolled | |||
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" Books are still wrong I had to shell out a extra 100 " Are you an accountant? Do you prepare and file financial statements? Do you report to a ICAEW member? Do you understand the difference between earnings, profit and taxable profit? Do you understand capital allowances and disallowable expenses? Do you understand farming and how items are reported in the P/L and BS? Often people can trip themselves up because they look into something far too hard. F | |||
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"This is not a Maths question. It is an accounting question. £400 profit" And even accounting it your 400 dosent work Investment 800 Sold 1000 = 200 profit Now I have 1000 I am short 100 for the next cow I add 100 off my own money to make the 1100 Witch now means my profit from the first cow is now 100 Next up I sell that cow for 1300 = 200 Profits = 300 as I had to put 100 off my own money in to buy the cow | |||
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" Books are still wrong I had to shell out a extra 100 Are you an accountant? Do you prepare and file financial statements? Do you report to a ICAEW member? Do you understand the difference between earnings, profit and taxable profit? Do you understand capital allowances and disallowable expenses? Do you understand farming and how items are reported in the P/L and BS? Often people can trip themselves up because they look into something far too hard. F" You can’t buy a 1100 cow for 1000 you got to add a 100 off your own money witch drops the first cow’s profits down | |||
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"This is not a Maths question. It is an accounting question. £400 profit And even accounting it your 400 dosent work Investment 800 Sold 1000 = 200 profit You had to put in £800 of your own money to buy the original cow. 2 transactions, each made £200. This is not one transaction. Now I have 1000 I am short 100 for the next cow I add 100 off my own money to make the 1100 Witch now means my profit from the first cow is now 100 Next up I sell that cow for 1300 = 200 Profits = 300 as I had to put 100 off my own money in to buy the cow " | |||
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"This is not a Maths question. It is an accounting question. £400 profit And even accounting it your 400 dosent work Investment 800 Sold 1000 = 200 profit Now I have 1000 I am short 100 for the next cow I add 100 off my own money to make the 1100 Witch now means my profit from the first cow is now 100 Next up I sell that cow for 1300 = 200 Profits = 300 as I had to put 100 off my own money in to buy the cow " The order you buy and sell doesn’t matter - do you agree with that? If you do agree then what do you think the profit is if you buy both cows first and then sell them? | |||
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" Books are still wrong I had to shell out a extra 100 Are you an accountant? Do you prepare and file financial statements? Do you report to a ICAEW member? Do you understand the difference between earnings, profit and taxable profit? Do you understand capital allowances and disallowable expenses? Do you understand farming and how items are reported in the P/L and BS? Often people can trip themselves up because they look into something far too hard. F You can’t buy a 1100 cow for 1000 you got to add a 100 off your own money witch drops the first cow’s profits down " Where did the original £800 come from then? F | |||
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"Ok a cow is a fixed asset. Interestingly a chicken is not. So these represent capital gains not earnings and would be subject to CGT not income tax. Earnings are £0.00 capital gain is £400.00" Holy cow | |||
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"Ok a cow is a fixed asset. Interestingly a chicken is not. So these represent capital gains not earnings and would be subject to CGT not income tax. Earnings are £0.00 capital gain is £400.00" *Pullet F | |||
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" Books are still wrong I had to shell out a extra 100 Are you an accountant? Do you prepare and file financial statements? Do you report to a ICAEW member? Do you understand the difference between earnings, profit and taxable profit? Do you understand capital allowances and disallowable expenses? Do you understand farming and how items are reported in the P/L and BS? Often people can trip themselves up because they look into something far too hard. F You can’t buy a 1100 cow for 1000 you got to add a 100 off your own money witch drops the first cow’s profits down Where did the original £800 come from then? F" My company spent 800 on a cow We sold it for 1000 Now we 100 short off the next cow So I add 100 to get the next cow Then sell that for 1300 Witch means I invest 900 in total | |||
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" Books are still wrong I had to shell out a extra 100 Are you an accountant? Do you prepare and file financial statements? Do you report to a ICAEW member? Do you understand the difference between earnings, profit and taxable profit? Do you understand capital allowances and disallowable expenses? Do you understand farming and how items are reported in the P/L and BS? Often people can trip themselves up because they look into something far too hard. F You can’t buy a 1100 cow for 1000 you got to add a 100 off your own money witch drops the first cow’s profits down Where did the original £800 come from then? F My company spent 800 on a cow We sold it for 1000 Now we 100 short off the next cow So I add 100 to get the next cow Then sell that for 1300 Witch means I invest 900 in total " Great, so the difference between £900 and £1,300 is....... F | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? " Obviously we need more info: - Was the cow purchased using capital of finance (Include interest rates) - How old was the cow when first purchased - How long did you have it - What was the cost per day of keeping the cow - Did she produce any calves - Was she producing milk during this time (if yes what was the value of the yield) - How long between selling and re-purchasing the cow - Was the cow purchased using capital of finance (Include interest rates) - How long did you keep it the second time - What was the daily cost of keeping the cow the second time - Did the cow produce any calves during the second ownership - Was she producing milk during this time (if yes what was the value of the yield) Cal | |||
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"You guys are arguing over the cost of a fictional cow on a sex site....." It would certainly seem that way, yes | |||
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"You guys are arguing over the cost of a fictional cow on a sex site....." It's a serious question F | |||
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" Books are still wrong I had to shell out a extra 100 Are you an accountant? Do you prepare and file financial statements? Do you report to a ICAEW member? Do you understand the difference between earnings, profit and taxable profit? Do you understand capital allowances and disallowable expenses? Do you understand farming and how items are reported in the P/L and BS? Often people can trip themselves up because they look into something far too hard. F You can’t buy a 1100 cow for 1000 you got to add a 100 off your own money witch drops the first cow’s profits down Where did the original £800 come from then? F My company spent 800 on a cow We sold it for 1000 Now we 100 short off the next cow So I add 100 to get the next cow Then sell that for 1300 Witch means I invest 900 in total Great, so the difference between £900 and £1,300 is....... F" 400 but I didn’t make 400 as I only made 100 on the first cow sins I literally had to add 100 to by the next cow | |||
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"You guys are arguing over the cost of a fictional cow on a sex site....." To be fair it is the best thread we have had for ages - to see how some people can’t do basic maths is hilarious. | |||
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" To be fair it is the best thread we have had for ages - to see how some people can’t do basic maths is hilarious." What's the answer ? | |||
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" To be fair it is the best thread we have had for ages - to see how some people can’t do basic maths is hilarious. What's the answer ?" I posted that above - 400 | |||
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"You guys are arguing over the cost of a fictional cow on a sex site....." It is a bisexual cow. | |||
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" To be fair it is the best thread we have had for ages - to see how some people can’t do basic maths is hilarious. What's the answer ? I posted that above - 400" But OP says that's wrong | |||
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" To be fair it is the best thread we have had for ages - to see how some people can’t do basic maths is hilarious. What's the answer ? I posted that above - 400 But OP says that's wrong" Strangely OPs don’t get everything right. What do you think the answer is? | |||
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" To be fair it is the best thread we have had for ages - to see how some people can’t do basic maths is hilarious. What's the answer ? I posted that above - 400 But OP says that's wrong" OP is wrong, is either trolling, or doesn't understand primary school maths | |||
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" To be fair it is the best thread we have had for ages - to see how some people can’t do basic maths is hilarious. What's the answer ? I posted that above - 400 But OP says that's wrong Strangely OPs don’t get everything right. What do you think the answer is?" £400 | |||
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"A game that’s literally teached at havrod GROSS PROFIT Sales $2,594,200 Cost of goods sold (-) $2,075,614 Freight Out (-) $95 518,491 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 OTHER INCOME (LOSS) Game income $0 Patent conversion $0 Accounting overhead $0 Donations $0 Bonds Interest income $200 Interest expense $0 Write offs $0 Defaults $0 NET INCOME$434,092 Other comprehensive income (-) $31,525 TOTAL COMPREHENSIVE INCOME$402,567 ??? How come I didn’t make 2.5 million yesterday I sold 2.5 million in goods " You need to pass year 4 maths to get into havrod Maybe start there | |||
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" To be fair it is the best thread we have had for ages - to see how some people can’t do basic maths is hilarious. What's the answer ? I posted that above - 400 But OP says that's wrong Strangely OPs don’t get everything right. What do you think the answer is? £400" So we both get the same answer | |||
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"A game that’s literally teached at havrod GROSS PROFIT Sales $2,594,200 Cost of goods sold (-) $2,075,614 Freight Out (-) $95 518,491 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 OTHER INCOME (LOSS) Game income $0 Patent conversion $0 Accounting overhead $0 Donations $0 Bonds Interest income $200 Interest expense $0 Write offs $0 Defaults $0 NET INCOME$434,092 Other comprehensive income (-) $31,525 TOTAL COMPREHENSIVE INCOME$402,567 ??? How come I didn’t make 2.5 million yesterday I sold 2.5 million in goods You need to pass year 4 maths to get into havrod Maybe start there " I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short | |||
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"I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short" Natalie is everything ok? I will be honest these answers are starting to not make sense to me. | |||
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"A game that’s literally teached at havrod GROSS PROFIT Sales $2,594,200 Cost of goods sold (-) $2,075,614 Freight Out (-) $95 518,491 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 OTHER INCOME (LOSS) Game income $0 Patent conversion $0 Accounting overhead $0 Donations $0 Bonds Interest income $200 Interest expense $0 Write offs $0 Defaults $0 NET INCOME$434,092 Other comprehensive income (-) $31,525 TOTAL COMPREHENSIVE INCOME$402,567 ??? How come I didn’t make 2.5 million yesterday I sold 2.5 million in goods You need to pass year 4 maths to get into havrod Maybe start there I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short" Maybe that’s the problem, too many video games not enough primary school maths | |||
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"A game that’s literally teached at havrod I sit rank 300 in a game teached in the best universities in the world " Please will you learn it me | |||
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"A game that’s literally teached at havrod GROSS PROFIT Sales $2,594,200 Cost of goods sold (-) $2,075,614 Freight Out (-) $95 518,491 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 OTHER INCOME (LOSS) Game income $0 Patent conversion $0 Accounting overhead $0 Donations $0 Bonds Interest income $200 Interest expense $0 Write offs $0 Defaults $0 NET INCOME$434,092 Other comprehensive income (-) $31,525 TOTAL COMPREHENSIVE INCOME$402,567 ??? How come I didn’t make 2.5 million yesterday I sold 2.5 million in goods You need to pass year 4 maths to get into havrod Maybe start there I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short Maybe that’s the problem, too many video games not enough primary school maths " But thanks everyone for showing me ones again this place inst worth my time literally ones agen yous have shown me That I come back be nice and yous all don’t give a damm yous only group bully people and with that I am gone again | |||
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"Ok a cow is a fixed asset. Interestingly a chicken is not. So these represent capital gains not earnings and would be subject to CGT not income tax. Earnings are £0.00 capital gain is £400.00" A cow is your trading stock which is in the production herd on the balance sheet. The trading income that cow generates is liable to income tax, not capital gains tax. | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? " Firstly I would point out that it's a mathematical question not "math question" as we are not American and secondly, did the cow end up as a burger?. Peace and love all but not cows,they taste much better with peppercorn sauce. | |||
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"I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short Natalie is everything ok? I will be honest these answers are starting to not make sense to me." Natalie is dyslexic | |||
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"Ok a cow is a fixed asset. Interestingly a chicken is not. So these represent capital gains not earnings and would be subject to CGT not income tax. Earnings are £0.00 capital gain is £400.00 A cow is your trading stock which is in the production herd on the balance sheet. The trading income that cow generates is liable to income tax, not capital gains tax." She didn't say anything about the cow being part of a business endeavour. Wouldn't she need to be a registered livestock trader for that to apply? If I sell my car and buy another one I'm not automatically operating a motor trade business? | |||
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"I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short Natalie is everything ok? I will be honest these answers are starting to not make sense to me. Natalie is dyslexic " I don’t think it’s the spelling, it’s the challenge to a video game race in response to a maths question that is confusing | |||
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"Ok a cow is a fixed asset. Interestingly a chicken is not. So these represent capital gains not earnings and would be subject to CGT not income tax. Earnings are £0.00 capital gain is £400.00 A cow is your trading stock which is in the production herd on the balance sheet. The trading income that cow generates is liable to income tax, not capital gains tax. She didn't say anything about the cow being part of a business endeavour. Wouldn't she need to be a registered livestock trader for that to apply? If I sell my car and buy another one I'm not automatically operating a motor trade business? " Maybe it's a pet, for ornamental purposes or she rides to the market? | |||
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"I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short Natalie is everything ok? I will be honest these answers are starting to not make sense to me. Natalie is dyslexic " It was more than that - I could see that things were not right and am not surprised that it ended the way it did. | |||
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"Ok a cow is a fixed asset. Interestingly a chicken is not. So these represent capital gains not earnings and would be subject to CGT not income tax. Earnings are £0.00 capital gain is £400.00 A cow is your trading stock which is in the production herd on the balance sheet. The trading income that cow generates is liable to income tax, not capital gains tax. She didn't say anything about the cow being part of a business endeavour. Wouldn't she need to be a registered livestock trader for that to apply? If I sell my car and buy another one I'm not automatically operating a motor trade business? " True. You've assumed she isn't in business and I've assumed she is, and that's ok for us both to assume differently. We won't know who is correct on that one | |||
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"Lots of interesting points and arguments being made. I wish I had some spare cash to buy this cow and make ANY kind of profit on !!" Don't waste your money. They aren't very profitable | |||
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"I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short Natalie is everything ok? I will be honest these answers are starting to not make sense to me. Natalie is dyslexic It was more than that - I could see that things were not right and am not surprised that it ended the way it did." Nor am I given how blatantly rude some of the comments to her were - just made me feel really uncomfortable and sad if I’m honest | |||
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" Don't waste your money. They aren't very profitable " So a cow isn't a cash cow ? | |||
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"You guys are arguing over the cost of a fictional cow on a sex site....." what’s your beef? | |||
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" Just out of interest, which breed of cow is it/was it? " I'm guessing Black Baldy | |||
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"I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short Natalie is everything ok? I will be honest these answers are starting to not make sense to me. Natalie is dyslexic It was more than that - I could see that things were not right and am not surprised that it ended the way it did. Nor am I given how blatantly rude some of the comments to her were - just made me feel really uncomfortable and sad if I’m honest " I don’t think the responses were particularly bad - they were focussing on answering a basic maths question. I could just see that someone who was normally quite lucid was not doing what I would have expected of them. I did wonder if her account had been hacked. | |||
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"A game that’s literally teached at havrod GROSS PROFIT Sales $2,594,200 Cost of goods sold (-) $2,075,614 Freight Out (-) $95 518,491 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 Construction costs $0 Exchange fees (-) $77,826 Executives costs Salaries (-) $6,773 Training $0 Poaching $0 OTHER INCOME (LOSS) Game income $0 Patent conversion $0 Accounting overhead $0 Donations $0 Bonds Interest income $200 Interest expense $0 Write offs $0 Defaults $0 NET INCOME$434,092 Other comprehensive income (-) $31,525 TOTAL COMPREHENSIVE INCOME$402,567 ??? How come I didn’t make 2.5 million yesterday I sold 2.5 million in goods You need to pass year 4 maths to get into havrod Maybe start there I sit rank 300 in a game teached in the best universities in the world with top vc for Google and that that play But I get any one off yous a invite and we can cv race if yous like i rest my game but its going to be a easy victory as yous will always be short Maybe that’s the problem, too many video games not enough primary school maths But thanks everyone for showing me ones again this place inst worth my time literally ones agen yous have shown me That I come back be nice and yous all don’t give a damm yous only group bully people and with that I am gone again " Natalie please don't let any of that upset you. So many people were happy to see you come back and join the forum and many of us enjoy your banter and honest answers. I have not read the entire thread to know what happened but is irrelevant as I have seen the attitude of people before on here. Just ignore it and let them live in their perfect world. You take care and hope you post on another thread very soon | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? " Great thread! You earned £2,300, with £400 profit. | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ?" You earnt £2300 as earnings are income regardless of how much you spend. You spent £1900 Profit was £400 | |||
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" Don't waste your money. They aren't very profitable So a cow isn't a cash cow ?" I'm afraid I don't know what a cash cow is. | |||
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" I'm afraid I don't know what a cash cow is." A dependable source of income | |||
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" Don't waste your money. They aren't very profitable So a cow isn't a cash cow ? I'm afraid I don't know what a cash cow is." I’m afraid the thread is going to get too long before the OP comes back online and enlightens us all with the answer | |||
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"At what point does the thread stop being fun ?" when people start insulting other people | |||
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"At what point does the thread stop being fun ?" There’s loads of these on social media (I saw this one months ago on Twitter) - they’re designed to cause arguments! Others look simple like 6+6+6x0=? And then all carnage ensues between those that use BODMAS vs those that don’t .. | |||
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" Others look simple like 6+6+6x0=? " Is the answer 400? | |||
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"At what point does the thread stop being fun ? There’s loads of these on social media (I saw this one months ago on Twitter) - they’re designed to cause arguments! Others look simple like 6+6+6x0=? And then all carnage ensues between those that use BODMAS vs those that don’t .." Dare I hazard as guess and say 12? And if anyone disagrees, 1v1 on call of duty. You pick the map no snipers | |||
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" Others look simple like 6+6+6x0=? Is the answer 400?" | |||
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"At what point does the thread stop being fun ? There’s loads of these on social media (I saw this one months ago on Twitter) - they’re designed to cause arguments! Others look simple like 6+6+6x0=? And then all carnage ensues between those that use BODMAS vs those that don’t .." Either 0 or 12 | |||
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"At what point does the thread stop being fun ? There’s loads of these on social media (I saw this one months ago on Twitter) - they’re designed to cause arguments! Others look simple like 6+6+6x0=? And then all carnage ensues between those that use BODMAS vs those that don’t .." You are right but most of us are not here to argue. A bit of banter and lighthearted comments are fine. When it becomes so intense and personal is no longer fun. I wish a mod took this thread of as does not show the 'community' in a good light. Just my opinion of course but there you go. | |||
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"Ok a cow is a fixed asset. Interestingly a chicken is not. So these represent capital gains not earnings and would be subject to CGT not income tax. Earnings are £0.00 capital gain is £400.00 A cow is your trading stock which is in the production herd on the balance sheet. The trading income that cow generates is liable to income tax, not capital gains tax. She didn't say anything about the cow being part of a business endeavour. Wouldn't she need to be a registered livestock trader for that to apply? If I sell my car and buy another one I'm not automatically operating a motor trade business? True. You've assumed she isn't in business and I've assumed she is, and that's ok for us both to assume differently. We won't know who is correct on that one " I'll accept a parlay on those terms. It is the law of the accountant sea. If only other captains could be as wise: perhaps there'd be less bloodshed. **Stares into the horizon** | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? So you bought it for 800 then sold it for 1000 witch meant you made 200 profit You rebout it for 1100 witch means your profit is now 100 Then you sold it for 1300 witch is another 200 profit Witch means your total profit is 300 " You're counting selling for 1000 twice. The steps in your calculation are: Bought for 800 Sold for 1000 Sold for 1000 (wrong) Bought for 1100 Sold for 1300 The answer is 400, and the "right" answer is OP, you need to stop trusting answers to riddles sent in WhatsApp forwards. They're designed to maximise shares, not be mathematically sound. | |||
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"£200 because you spent the first sales profit on Jaffa cakes." Don't forget in the real world by the time you have added VAT and selling fees and cow food. You don't have a profit and the cow has been seized to pay off your debt. | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? So you bought it for 800 then sold it for 1000 witch meant you made 200 profit You rebout it for 1100 witch means your profit is now 100 Then you sold it for 1300 witch is another 200 profit Witch means your total profit is 300 You're counting selling for 1000 twice. The steps in your calculation are: Bought for 800 Sold for 1000 Sold for 1000 (wrong) Bought for 1100 Sold for 1300 The answer is 400, and the "right" answer is OP, you need to stop trusting answers to riddles sent in WhatsApp forwards. They're designed to maximise shares, not be mathematically sound. " By you own logic the only answer can be £200. | |||
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"£1300 It's was a different cow " What about the £800 for the first cow. 1300-800=500 | |||
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"I bought a cow for £800 I sold it for £1000 I bought it back for £1100 I sold it again for £1300 How much did I earn ? " £400 , sounds a cheap cow to me . Do you fancy a job ? ???? | |||
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" Don't waste your money. They aren't very profitable So a cow isn't a cash cow ? I'm afraid I don't know what a cash cow is. I’m afraid the thread is going to get too long before the OP comes back online and enlightens us all with the answer " You are assuming isn’t one of the head wobble brigade. The answer is unequivocally £400. It is so simple and obvious that I can’t believe this thread is so long | |||
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