[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / r / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance

Name
Options
Comment
Verification
4chan Pass users can bypass this verification. [Learn More] [Login]
File
  • Please read the Rules and FAQ before posting.

08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
05/04/17New trial board added: /bant/ - International/Random
10/04/16New board for 4chan Pass users: /vip/ - Very Important Posts
[Hide] [Show All]


[Advertise on 4chan]


File: 0mqnsonmbh5f1.jpg (98 KB, 1080x1080)
98 KB JPG
.
>>
600
>>
>>62180745
So lets say I have 1300EUR
Buy: -900EUR -> 400EUR
Sell: +1200EUR -> 1600EUR
Buy: -1300EUR -> 300EUR
Sell: + 1600EUR -> 1900EUR
1900 - 1300 = 600EUR, aka the total profit.
>>
>>62180745
$500
>>
Before or after taxes?
>>
you bought at 900 and sold at 1600, that's a gain of $700
>>
>>62180746
>>62180748
Elaborate
>>
simple book keeping: expenses summary $2200
income summary $2800
profit $600
>>
If you had diamond hands you would have earned $100 more.
>>
>>62180745
300
>>
>>62180778
You're $300 down by the end if your starting capital is $900. You're $600 up if that's not a factor. So it depends, but I'll assume the first given we have no other information
>>
>>62180747
+200. If i stopped at selling the cow at 1200, i would have had 300 profit
>>
>>62180745
600
>>
>>62180745
$600. the calculation is selling price less cost basis. you're not told to assume your capital is limited $900 plus the profit or loss generated by the first transaction.
>>
>>62180745
Sales $2800
Less Cost of Goods Sold $2200
Gross Profit $600
>>
>>62180748
>>62180750
>>62180778
>>62180804

remind me to never let you do my taxes
>>
>>62180811
This
>>
>>62180745
About tree fiddy nigha
>>
>>62180761
ask your high school math teacher
>>
>>62180745
Where does the 100$ come from when you buy it for 1300$¿
>>
>>62180893
Your mother's pussy
>>
>>62180761
$600 in profit.
>>
>>62180898
Hot.
>>
>>62180745
Green by about $200-400
>>
>>62180893
It's a Profit and Loss exercise. Not a Cash Flow one. Because it doesn't state that any of the Transactions have been settled yet. It does not say "I bought a cow for $900 cash" etc. It just lists a bunch of Sales and Purchase agreements with the amount agreed recorded in dollars. It's possible to do all or part of it on credit with amounts still owed or owing.
>>
>>62180745
You lost 100 bucks
>>
>>62180900
Nope. $500. You're retarded.
>>
>>62180745
Two mongolians
>>
>>62180745
im going to need the dates the transaction occurred, the discount rate, and the interest rate for those dates please
>>
>>62180745
$2800. Its asking for revenue and not profit
>>
File: 1777332334624896.jpg (517 KB, 1051x1017)
517 KB JPG
>>62180745
>Entered at 900
>Sold at 1200
>Re-entered at 1300
>Sold at 1600
>How much did I make?
600. 2800 of revenue, 2200 of expenses. Frame it however you want.
Not exactly Bertrand's Box, here. This should not be confusing people.
>>
>>62181351
but you earned $300 selling it initially, you spent $100 of that buying it back, and then sold it up another $300, so it's $500
>>
File: slicker.jpg (21 KB, 320x180)
21 KB JPG
>>62181351
>City slicker forgot to factor in the feed and seed for the cow
This is why Blackrock mainly hires North Dakotans.
>>
There are retards in this thread that believe he borrowed $100 to buy it for $1300.

you are retarded if you think this. You really think this guy had just $900 to his name going into this? Just because he bought a cow for $900 doesn't mean that is his life savings. There is no reason for you to believe he had to borrow $100 to get the $1300 for the second purchase.

Answer is $600
>>
>>62181367
he didn't borrow $100 he just spent $100 more than he got so it's still $500 retard
>>
in the red -$900
in the green $300
in the red again -$1000
back in the green $600

I asked 7 different chatbots and they all came to the same conclusion
>>
File: trump meal.png (1.22 MB, 1070x714)
1.22 MB PNG
>>62180745
>buy cow for 900
>diamond hands never sell
>pay 500 to feed the cow until it dies
>cow dies
>still refuses to sell
>pay a butcher 600 to do the needful
>pay 1000 for a big ass freezer
>now you have 200kg of edible cow meat, about 15 bucks per kg its 3000 bucks, more if you include organs
>break even, you dont have to buy goyslop for months
>repeat many times but since you dont have to buy a new freezer every time you repeat, you profit 1000 minus electricity costs per additional cow and never eat goyslop ever again
>>
>>62181394
>Bought BTC at 900
>Sold at 1200
>Bought BTC at 100,000
>Sold at 100,300
Holy fuck, man, I'm down so much money what am I gonna do.
>>
too many accountants ITT
buyer clearly has a WTP at least $1300 but below $1600
in first trade buyer gets at least $400 consumer surplus
in second trade buyer loses $100 consumer surplus
so net consumer surplus is greater than or equal to $300 but less than $600
>>
>>62181452
you're up $1500 from where you started
>>
The real answer is how much milk the cow made while you owned it
>>
>>62180745
$2800 total earnings. $2200 total expenses, before tax and possible shipping/feeding cost.
>>
>>62180745
((1200-900)+(1600-1300))-(((1200-900)+(1600-1300))*capitalGainsTax)
>run it again with auctionFees or brokerFees or whatever and tally up the calcs
>>
File: 3565767986573.jpg (59 KB, 1170x579)
59 KB JPG
$0

earning is obtaining money by directly exchanging your labor or services.

you didn't earn anything. you made a $600 profit from buying and selling.
>>
>>62180745
I dunno. I figure I'm back where I started.
>>
It's $500.

900
1200
-100
500
>>
>>62180745
250 after loan interest and tax man
>>
>>62182104
lol
>>
just sum everything
>>
>>62180745
>-$900
>+$300
>-$1000
>+$600
$600
>>
>I leveraged that cow to sell 6 to the market, the customer doesnt expect the cow, just that we will hold the cow and sell it forwards for them
>>
>>62180745
-$2200
>b-but muh profit
Profit is a meme. There are only expenses for hookers and fancy cars.
>>
File: 1757376245290134.png (136 KB, 499x499)
136 KB PNG
>>62180745
You losted $20000 (adjusted for inflation)
>>
i don't know, i'm retarded.
>>
>>62180893
>where does the $100 come from
From the same place where the inital $900 came from.
>>
>>62180745
>Buy for 900 -> -900
>Sell for 1200 -> -900 +1200 = 300
>Buy for 1300 -> 300 - 1300 = -1000
>Sell for 1600 -> -1000 + 1600 = 600

He made 600, any other answer is retarded
>>
>>62183563
Actually it's giga retarded to admit you made a profit because that's when you have to pay taxes. Always report losses even when you made profit. If IKEA does it you should, too.
>>
>>62180745
$600
>>
>>62181247
>irony, the post
kek You fucked up hard. This is what your retarded ass did:
>$900 - $900 = 0
>-$900 + $1200 = $300
>-$1300 = $200
>+$1600 = $500
you are retarded
>>
>>62180745
You lost $100 (opportunity cost)
>>
>>62180893
Well that's the trick of this retarded trick question. If it stated your starting funds are eg 1000 everyone would answer correctly.
>>
>>62183823
there is no assumption of starting capital or even a cash based sale. Every transaction could be done on credit for all you know. All you have to do is add up all the numbers where purchases are negative and sales are positive
>-900 + 1200 + -1300 + 1600
easy
>>
>>62180745
thats mathematically only solvable for goats.
>>
I'm not sure if half the people ITT are actually retarded or just pretending. I hope it's the latter, because otherwise I'll lose the little faith I had regarding this board.
>>
>>62180893
Why aren’t you also asking where the original $900 came from if that’s your line of thinking?
>>
>>62180745
You didn’t earn shit. You just overpriced it and used Jew trickery. Unless you fucked that cow to make a new cow you didn’t earn that cow. I would argue you’re more useless than the cow.
>>
>>62180745
400 you retards. Made 300 on first sale, lost 100 buying it AGAIN rhen made 200 off that flip.
400
>>
>>62183993
you're making this anon >>62183884
lose faith in the species.
>>
0
Cow and dollars are just vector of value, he just swapped them around but his wealth didn't increase
>>
>>62180749
this
>>
>>62180745
0
>>
>>62181354
Who said initial investment was reinvested? that's not how the IRS counts.
>>
>>62181461
wow you're fucking braindead.
>>
>>62180745
$200 buxx
>>
It depends on how long you held the cattle. They have ongoing maintenance costs. Subtract that amount from profit
>>
>>62180761
Not as elaborate as it could have been, really.
>>
>>62180745
>I bought a cow for $900
-$900 buying a liability
>I sold IT (services?) for $1200
+$1200 income from job
>I bought IT for $1300
-$1300 doing market research on fellow IT professionals, good investment in yourself which is the best investment so this is basically $0 cost and may even make you money
>I sold IT for $1600
+$1600 in income, here we see the immediate payoff in earned wages from that market research. Totally worth it

Your total profit? Unlimited because you figured out an important lesson
>>
ITT: 80 IQ dunning kruger retards shitting on ragebait posts because they are failures in life and this ficticious debate is the only opportunity they will ever have in life to dunk on someone else.

You should all kill yourselves
>>
Can this nigger faggot die please? Do you retarded monkey niggers not know how to use a calculator? Fuck off. The answer is $600, as answered by like 20 different people.
>>
>>62180745
Buy 1: 0
Sell 1: +300 (T+300)
Buy 2: -100 (T+200)
Sell 2: +300 (T+500)

$500 EARNed
>>
>>62180745
this question is meant to see who is dumb enough to subtract 900 from 1600 or add their own context to change the question.

>>62184973
that's cute. you could also say they milked and bred the cow before selling for unlimited profit.
>>
>>62180750
Buy cow for $1
Sell cow for $2
Buy cow for $1000
Sell cow for $2000
By your logic, you bought the cow for $1 and sold it for $2000
>>
math threads on 4chan are hilarious
for whatever reason, they attract a type of neurodivergent that is certain of their wrong answer and keeps making normalfags second guess themselves
>>
>>62180745
According to your wallet $300, according to the government $600.
>>
>>62180745
ah, this thread again.
>>62185200
>>
>>62180745
blackrocks actual playbook
> borrows cow for small fee, maybe a couple dollars.
> sells cow for 900
> manipulates market to tell people cows are full of diseases or there is an outbreak of cow fever
> cow futures tumble to 50 dollars a cow
> buys cow for 50 dollars, returns it to previous borrower pocketing 847 dollars minus 3 dollars in fees
> lather, rinse, repeat
>>
>>62180745
start at 0, buy for 900
-900
sell for 1200, this brings us to
300
buy again for 1300, this brings us to
-1000
sell again for 1600, this brings us to
600
>>
>>62186207
You are not factoring in oppertunity cost, timeframe and taxes which makes it unrealistic and wrong.
>>
>>62180745
Here's a better puzzle:

I sell a cow to Fred for 1000
he sells it back to me for 1200
I sell it back to him for 1400
he sells it back to me for 1600
then I sell it to some retard for 1800

how much money did we make and how long are we going to prison?
>>
>>62187128
I don't have your Cow here! It's at Bill's house and Fred's house!
>>
>>62180745
is this supposed to be hard
it seems easy
>>
>>62187128
did you collude or were you just speculating on the value of that cow?
>>
>>62180745
>a cow
SAAAAAAAAAAAAR



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.