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re: Help with riddle - How Much Money Did The Store Lose?
Posted on 12/11/23 at 8:07 pm to BallHawg10
Posted on 12/11/23 at 8:07 pm to BallHawg10
quote:
Resident accountant here…
Well Mr. Accountant, why or why not do we factor COGS into the answer? The non-accountant oil-field worker CPA’s have it figured out.
Posted on 12/11/23 at 10:12 pm to Seaux_cal_tiger
quote:
why or why not do we factor COGS into the answer?
Were y’all asked to figure out a specific amount (like in your subject) or to answer the question/concept about how to calculate amount like whether to factor in COGS or not?
I am not seeing how you could figure out a specific COGS based on info given.
Also was it specifically called a riddle or is that just what you are calling it here?
When I think of a riddle there is usually some kind of play or distraction based on the specific words used like:
quote:
Mississippi has four S's and four I's. Can you spell that without using S or I?
Answer: T-H-A-T
Riddle: There’s a one-story house where everything is yellow. The walls are yellow. The doors are yellow. All the furniture is yellow. The house has yellow beds and yellow couches. What color are the stairs?
Answer: There are no stairs—it’s a one-story house!
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