re: Help with riddle - How Much Money Did The Store Lose?

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A loss to shrinkage is still a loss . This take is absolutely comical.

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As is usually the case someone will always posit that there is, indeed, a free lunch. Walmart or whoever the frick can call it Aunt Sandy the fact of the matter is the only one suffering a loss is the consumer who pays for all shrinkage, loss, whatever the frick you want to call it. The retailers ONLY source of revenue is sells. ALL expenses have to be covered by that revenue. Revenue must, if the business is viable and profitable, must exceed expenses. A business manages losses or shrinkage or Aunt Sandy in order to remain competitive BUT all expenses are passed on, by necessity, to the ONLY source of revenue available to ANY business and that is paying customers. They are kept up with in order to maintain a competitive price...the only "loss" is to the consumer who is paying more than they would be otherwise if some a-hole wasn't stealing shite.

(100) - Cash stolen from register
100 - Given to the cashier for purchase of the merchandise
(70) - Value of goods given to the "customer"
(30) - Cash given to the "customer" for change

The store lost $70 in goods and $30 in cash.

The store doesn’t lose $70 worth of goods, it loses the actual cost to purchase those goods

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The store doesn’t lose $70 worth of goods, it loses the actual cost to purchase those goods

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The store started the day with $100 cash and $70 in goods.

They ended the day with only $70 cash.

They lost the goods (whose sell value was $70) and $30 cash.

For the sake of the riddle, I would assume we aren't taking COGS into account, as that would make the question impossible to answer since that information wasn't given.

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How did you come up with this?

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How would you not?

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How would you not?

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Obviously I have missed some OT nonsense about 350. Care to elaborate?

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$100. The original theft. Everything else is just normal business transaction

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Right.
There is no riddle here. We’re told the guy steals $100. That’s the end of the “loss” for the store.

I mean I understand that retailers increase their sales with built in shrinkage, but nobody is asking for the CQ transactions/expense timings, they are asking current day.

Also, Walmart and others true those expenses up on the regular, so you're also wrong there as well.

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Yes

The loss is 100 dollars. End of story.

If a guy steals 100 dollars and never comes back to the store the loss is 100 dollars. The thief returning to the store and purchasing 70 dollars worth of goods is no different than you or I purchasing a 100 dollars worth of goods from that same store.

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Exactly. If the store does a full inventory that same night, they'd find no loss of inventory (unless someone else stole something that day). Only the loss at the register goes in the books. That is the loss to the company.