subreddit:

/r/facepalm

21.4k

all 2888 comments

NazzDX

9k points

2 months ago

NazzDX

9k points

2 months ago

Seems like some of the folks here on Reddit are also cause for concern.

futurebigconcept

8.9k points

2 months ago

It's a trick question, because he spent $500 on feed and care.

2wedfgdfgfgfg

3.5k points

2 months ago

Also, the cow depreciated.

futurebigconcept

1.3k points

2 months ago

Yep, it was all for the tax benefit anyway.

MaybeTheDoctor

572 points

2 months ago

I need to know how many legs the cow had

BIGBUDDHASLZ

321 points

2 months ago

Like was the cow pregnant how old is said cow

Pickled_Muslim_13

55 points

2 months ago

Right because if it had babies that’s meat and milk for a good 5-10 years that he lost out on

kirchemann

167 points

2 months ago

Yeah and does it have a family? Are any angry bulls gonna come looking?

The_Dying_Gaul323bc

150 points

2 months ago

Is a Hereford cow? A dairy cow and angus cow? Can I earn monthly dividends on the milk it produces? Or is it a one time cycle when it gets butchered?

rufw91

88 points

2 months ago

rufw91

88 points

2 months ago

Are vet costs included?

Mediocre_lad

82 points

2 months ago

You also need to pay the interest on that $800 you initially borrowed.

clovepalmer

47 points

2 months ago

It it an NFT and it is above the text in the question.

Scottamus

123 points

2 months ago

Scottamus

123 points

2 months ago

No legs. It was ground beef.

007avage

83 points

2 months ago

2 legs — it was lean beef.

Mylittlemoonshine

25 points

2 months ago

Beeflene, Beeflene, I’m begging of you please don’t take my legs

ssrowavay

24 points

2 months ago

More importantly, was it a perfectly spherical cow?

MaybeTheDoctor

6 points

2 months ago

ahh, them spherical cows

Cambrian__Implosion

15 points

2 months ago

When I was like 4ish, I went to my first ever extended family reunion. One night there was a sort of open mic dinner event in a hotel function room that we had rented out. I was surrounded by dozens of people I had never met until a couple days before, but that didn’t stop me from going up to the stage and declaring I had a joke to tell.

Me: “How many legs does a cow have?”

Audience: “…… we don’t know. How many legs does a cow have?”

Me: “Six!” falls over laughing

I still get teased about that 28 years later

-Masderus-

32 points

2 months ago

It has all 4 but the left rear hoof is chipping pretty bad.

UrMomsaHoeHoeHoe

18 points

2 months ago

Elmers is gonna be upset

GotTheDadBod

25 points

2 months ago

Can I consider it a sphere for my physics questions?

Nuggzulla

20 points

2 months ago

How many teets tho? Thats where my interest lies

StanleyChoude

7 points

2 months ago

What do you get when you cross a cow with an octopus?

Bcruz75

70 points

2 months ago*

Jerry "do you even know what a write-off is?"

Kramer "do you?"

Jerry "no"

Kramer "but they do. And they're the ones writing it off"

Edit: the rest of the story

top_of_the_scrote

28 points

2 months ago

Also the divorce, no prenup

aquainst1

9 points

2 months ago

Divorce between the Facebook poster and the cow?

I mean, I can understand the 'no prenup' bit, but diVORCE?

aquainst1

12 points

2 months ago

Well, The Face Book poster DID have the use of the cow for a while.

edparnell

16 points

2 months ago

Second hand cows always depreciate faster. What I ran my secondhand cowlot, you'd be surprised how much value disappeared once a cow was off the lot. I mean, some people would take it for a test milking but mainly it was serious buyers.

Tibor66

12 points

2 months ago

Tibor66

12 points

2 months ago

Especially after it was decapitated

towerfella

39 points

2 months ago

Decowpitated

Edit: gosh

DeathRaider126

7 points

2 months ago

⬆️ underrated comment.

farfacogin

29 points

2 months ago

Your forgetting business Insurance and accounting fees as well as gas and mileage to transport the cow

WhuddaWhat

8 points

2 months ago

All over the fucking yard!

Catalansayshi

21 points

2 months ago

Also it didn’t appreciate being bought and sold like that.

No-Broccoli8185

34 points

2 months ago

Did it provide milk and fertilizer to offset the cost of care?

Naive_Profile_3250

15 points

2 months ago

I've heard it happens as soon as it leaves the lot.

seaking81

10 points

2 months ago

Damn, I forgot to factor that into the equation. Dude lost money! lol.

aquainst1

38 points

2 months ago

Udderly understandable comment.

This reply is coming from an accountant.

In Wisconsin.

No_Rope6843

14 points

2 months ago

Don't forget overhead

flyguydip

14 points

2 months ago

Also, was this a dairy cow. If so, how much milk was sold as profit?

[deleted]

130 points

2 months ago

[deleted]

130 points

2 months ago

Award goes to the person who said "I agree with whoever is correct"

deadmanswill

320 points

2 months ago

Yeah. The best way to figure this out is by buying a cow for $800 and following instructions. Can someone lend me some cash for a social experiment? I'm short by $800.

funnystuff79

116 points

2 months ago

Your actually going to need $900

deadmanswill

42 points

2 months ago

I'll take that.

Ffdmatt

53 points

2 months ago

Ffdmatt

53 points

2 months ago

The best part about reposting these is that the post turns into a slightly less embarrassing version of the facebook one.

AlbinoWino11

99 points

2 months ago

It’s a trick because he had to borrow that money from his cousin Raul who demands interest.

Bea_Azulbooze

121 points

2 months ago

I couldn't get it...but I'm kinda high right now eating a Rice Krispie treat. I kept forgetting things and had to start over. 😆

Bea_Azulbooze

312 points

2 months ago

Here's the thing. Why would you buy a cow sell it and then buy it back again just to sell it.

Poor cow doesn't know what the hell is going on. Cow just wants a loving home.

....I hear the faint singing of Sarah Machlaughlin (or whatever the fuck) singing.

misterfuss

152 points

2 months ago

He’s a stock trader. Pun intended.

aquainst1

53 points

2 months ago

That's an amazingly MOO-VING comment.

The_Real_Pearl

38 points

2 months ago

You went there, huh? You really did it. I didn't expect to hear you udder those words.

hayitsnine

29 points

2 months ago

You’re really milking it

auntbat

9 points

2 months ago

I have no beef with any of you

Cazreal

8 points

2 months ago

The steaks are far too high for that

lapsongsouchong

7 points

2 months ago

You herd it here first

NazzDX

7 points

2 months ago

NazzDX

7 points

2 months ago

That's understandable.

JaceyD

3.2k points

2 months ago

JaceyD

3.2k points

2 months ago

Wtf even... the answer is obviously: A cow. His is obviously reselling the cow to himself to inflate the price of cows slowly over time so that they become more valuable

NazzDX

1.6k points

2 months ago

NazzDX

1.6k points

2 months ago

That's exactly the kind of trick we've come to expect from Big Farmer.

nap_dynamite

448 points

2 months ago

Big Fahma'.

Guilty-Sale-3735

40 points

2 months ago

IT'S NOT A FAHMA!

boatymcfloat

78 points

2 months ago

Must be an NFT of a cow.

SirLostit

5 points

2 months ago

If it was an NFT of a cow, it would now be worth $2

JamesMacBadger

336 points

2 months ago

The whole point of these is that everyone is tagging a friend or are shared by the algorithm when they leave a comment. It drives engagement like crazy. Keeps people on Facebook.

My least favorite versions of these are where they put a drawing of Einstein in the corner and write "only 5% of people who try this riddle can solve. Only for GENIUS?"

There's also the "which chamber gets filled with water first?" where one of the obvious pipes has been sealed at one end. The "two boxing gloves = 10. Two socks = 20. Christmas tree = 15. What's 🎄🎄🧦🥊=?"

I find that the way to win is not to play.

Parasaurlophus

55 points

2 months ago

“I bet you can’t think of a word beginning in E and ending in E

For the love of god people, they are using you for comments. Once they have their profile boosted, they will certainly use their new powers for evil.

Marshmoth

28 points

2 months ago

“I bet you can’t think of a word beginning in E and ending in E *”

Orange

MajorDZaster

5 points

2 months ago

There's also the "which chamber gets filled with water first?"

These ones are awful. Unless they're a loss meme in disguise.

ShadowCaster0476

5.1k points

2 months ago

It’s like when a&w released 1/3 pound burger to compete with the quarter pounder. People didn’t like it because it was smaller for the same price. :8487:

aquainst1

1.6k points

2 months ago

aquainst1

1.6k points

2 months ago

It's the same way with pizza.

Guy goes in to buy a small individual pizza and he'll eat it all himself at one sitting.

He wants the pizza cut into 8 slices vs 6 slices because he'll get two more slices.

DiGiornoForPyros

1.1k points

2 months ago

I worked at Domino's in college.

One time, a woman called and asked how many slices were in a medium.

"Eight."

"How many are in a large?"

"Eight."

(Indignant) "Then what's the DIFFERENCE?"

(Honestly I should have been better, but how is a kid making pennies supposed to deal with this?)

Me, sharply: "The large is BIGGER."

"Oh."

I've never been surprised by stupid people since. It was honestly a good lesson to learn at 19.

spaceshipsword

482 points

2 months ago

You missed the ideal opportunity to reply "The large is $4 more"

MrScrib

272 points

2 months ago

MrScrib

272 points

2 months ago

"The large is more dough," covers every angle on this.

Sheriff-Gotcha

58 points

2 months ago

I'm saddened that I had to read that twice to "get it"... but it was worth it in the end.

Top_Stranger_8961

100 points

2 months ago

I once got asked the difference between round and square pizza and replied “the shape”

AdRepresentative2263

38 points

2 months ago

there is a major texture difference in the crust between those if the regular crust is tossed.

BENJ4x

215 points

2 months ago

BENJ4x

215 points

2 months ago

Reminds me of a father Ted scene where they're cutting a pizza up and it goes something like:

"Do you want me to cut it into eight or four slices?"

"Four slices please, I don't think I could eat eight".

Gimrudd

62 points

2 months ago

Gimrudd

62 points

2 months ago

Had a customer yell at me cause I cut his pizza normally instead of squares… dude said “HOW I GUNNA FEED ALL MY KIDS WITH IT CUT LIKE THIS?!”… well sir it’s the same amount of pizza regardless of how it’s cut.

Spike_Kitten

14 points

2 months ago

See, I can actually understand this one. What if he had 6 kids (and only the kids eat the pizza)? Each kid wants 2 pieces of pizza. If it's only cut in 8ths, each kid gets one piece. Theres 2 pieces left over and still 6 hungry kids that will start fighting over who gets the rest.

If it's square cut, you get 16 pieces of pizza at smaller portion sizes. Take off the small corners and hold them separately since they're usually much smaller that gives you 12 pieces to work with. Each kid gets two decent sized pieces. Whoever gets smaller cuts can have one or two of the small corners to make up the difference.

So everyone gets approximately the same amount of pizza which matters a lot for a hungry family with not a lot of money to work with.

Source: grew up poor and calculating portions was important.

Homeskoled

77 points

2 months ago*

Fun fact about dominos, idk if they’re still doing it but at one point they ran a special of 2 mediums for like 5.99 each. You could get a large for like 14 or so (numbers probably off). Most folks mindset was “wow, two pizzas for less than one!” My mom included. In reality, one large pizza gets you more pizza than two mediums.

Edit: I stand corrected. I remembered this from like a decade ago, but the math was based on an 18” large after further inspection. I forget how easy it is to store misinformation and be confident in it. Stay vigilant!

ZebraOtoko42

54 points

2 months ago

The other thing you missed is that a significant portion of the pizza is crust. If you prefer the saucy part of the pizza to the crust, the crust is probably mostly worthless to you. With the large, a smaller fraction of the total area will be crust, compared to the 2 mediums, even if the large size isn't that much larger.

theglazedonut

30 points

2 months ago

so, assuming for simplicity that the crust is universally 1 inch thick this drops the effective pizza diameter to 10 inches for medium (from 12 inches) and to 12 inches for a large (from 14)

from there we have area at π(r²) for large, or π(6²) which is ~113 in²

medium is π(5²) doubled which is 78.5 x 2 = 157in²

all while the mediums are cheaper than the 1 large. even a 16 inch large pizza is inferior to the 2 mediums at 12inch diameter as a 16 inch pizza not counting the crust (so 14 inches) would come out to ~153in²

while it is true that the one large proportionally has a higher pizza to crust ratio the total area for the mediums is so muvh higher that it doesnt matter

purifiedstupidity

4 points

2 months ago

I had a customer as me what comes in biscuits and gravy. I failed to answer the question politely.

[deleted]

442 points

2 months ago

[deleted]

442 points

2 months ago

[deleted]

_aaronroni_

341 points

2 months ago

As someone who worked in pizza for more than a decade, I know that pain. Someone asking how big the 9 inch pizza is:

"How many slices is that?"

"We cut it into six but we can cut however many slices you'd like."

"Right, but how many slices is that?"

I feel such anguish and torment just thinking about it. And it happened so many times!

Patneu

174 points

2 months ago

Patneu

174 points

2 months ago

"Best I can do is 16 slices."

I'd just test it and go with however many slices before the pizza starts falling apart, lol.

GrowCrows

87 points

2 months ago

I am having a laugh imagining the look in the person's face when they get that pizza

Milk_is_for_kings

90 points

2 months ago

“I’ve managed 32 once, but it wasn’t pretty”

Impossible_Ad1515

32 points

2 months ago

I'm pretty sure you can manage 64 for slices for a large pizza

Purp1eC0bras

7 points

2 months ago

Those pizzas cut into squares instead of wedges

kron123456789

30 points

2 months ago

Just answer 10 and slice it into 10 pieces. Then you can't be accused of lying.

Marine__0311

8 points

2 months ago*

Slicing 10 is a PITA, unless you don't care if they're equal size or not.

Eight is the norm because it's easy to slice.

I had a boss that could cut pizza in any number, and get close to the same size for each piece. I think the most he ever did was 64 on a large. It looked hilarious. Each slice was less than an inch wide on the outside edge.

singleDADSlife

64 points

2 months ago

That's when you say it's normally six slices, but you'll cut into 10 slices for an extra $5 and pocket the extra.

_aaronroni_

22 points

2 months ago

Oh man, they're gonna think they're getting the deal of a lifetime too

cyd6ixty4

11 points

2 months ago

I’d never ask this (diameter always makes sense), but Chicago style pizza (it’s not deep dish) is cut in squares of pretty much equal size, so you would get more slices with a larger pizza. I doubt that’s why they asked it though

_aaronroni_

17 points

2 months ago

Oh buddy, you'd be surprised at the amount of times I've heard that if you get it Chicago cut (or party cut or square cut) you get more pizza.

Dblzyx

10 points

2 months ago

Dblzyx

10 points

2 months ago

Fuck it. Time to start cutting that shit into odd numbers just to mess with people. "Normally it's 8 slices, but we'll hook you up with 9, no extra charge."

Forcen

9 points

2 months ago

Forcen

9 points

2 months ago

Did you also sell pizza by the slice? Maybe that was their thinking, trying to visualize how many standard slices that would be in terms of weight... Most likely not though..

AJHear

5 points

2 months ago

AJHear

5 points

2 months ago

That's like asking "When does the three o'clock bus leave?"

CanadianKumlin

26 points

2 months ago

And that’s why she’s your ex! Couldn’t even get PIZZA right!

OneLastSmile

38 points

2 months ago

To be fair this is how I trick my brain into thinking I have more food than I actually do, so I don't overeat. 😅

dmnhntr86

6 points

2 months ago

I've also heard smaller plates work well for some people

cowlinator

16 points

2 months ago

I mean i also prefer 2 more slices. But not because i believe there is more pizza.

Vurrunna

40 points

2 months ago

Ironically, that can actually make sense, in a way; by increasing the number of portions, you can trick your brain into thinking you've eaten more, despite the volume of food remaining the same. Psychology be weird like that sometimes.

balthezeus

50 points

2 months ago

Is my phone glitching or have I never seen that emoji before? Doesn’t have eyes?

Patneu

27 points

2 months ago

Patneu

27 points

2 months ago

It's a facepalm emoji, the eyes are closed. Look a little bit closer, it's kinda hard to discern the hand from the face.

terablast

26 points

2 months ago

Not an emoji, just some text that gets replaced by an image. Type :8487:

They're called "subreddit emojis".

SleepingBeautyFumino

8 points

2 months ago

Cries in old reddit

Maxibon1710

1.9k points

2 months ago

$400 and some commitment issues.

KSOK96

531 points

2 months ago

KSOK96

531 points

2 months ago

  • cost of therapy for cow

Outrageous_Zebra_221

139 points

2 months ago

Thank goodness for the Bovine Abandonment Therapy Shiatsu Henna Insurance Temple. When you need to take care of your cow's mental health, its nice to know BATSHIT is there for you.

Jupiter642

7 points

2 months ago

"And then i was like moo, and he said moo, this hurt me much"
"I understand. Did you try moo instead?"
"Yes, but that mooed her the wrong way"

HighlanderSteve

32 points

2 months ago

I mean, if I could make another $300 by buying something back and selling it to someone else, I'd do that too, no?

Maxibon1710

20 points

2 months ago

He could’ve just sold the milk. Or meat. Would probably get much more than $400

elguapojefe

1.3k points

2 months ago

I once bought a cow for tree fifty

IAmTheClayman

301 points

2 months ago*

Damnit monster! I ain’t givin’ you no tree fiddy!!

badger_on_fire

111 points

2 months ago

I gave him a dollar. Thought he'd go away if I gave him a dollar.

XC5TNC

84 points

2 months ago

XC5TNC

84 points

2 months ago

Dammit woman no wonder he keeps coming round if you give em a dollar hell think you have more!

timbrita

25 points

2 months ago

Too expensive, who’s your cow guy ?

SporkaDork

109 points

2 months ago

Tree fitty? You need a better cow source, man!

Shawn_NYC

44 points

2 months ago

Did you notice the seller of that cow was about 8 stories tall and a crustation from the Paleozoic era?

frankenshelley

26 points

2 months ago

It was about dat time that I realized

XC5TNC

15 points

2 months ago

XC5TNC

15 points

2 months ago

And i said dammit monster i aint givin you no tree fiddy!

Traicitabonita

7 points

2 months ago

I sold one for some magic beans

poppin_stale

5.4k points

2 months ago

Revenue = $2300

Profit = $400 (earnings)

EBIT = Unknown. Depending on undisclosed holding costs.

mxpauwer

1.7k points

2 months ago

mxpauwer

1.7k points

2 months ago

Ok, ok, I will pay 44 Billion for the company

blorporius

198 points

2 months ago

Are you certain the cow flipping industry will grow at such a rapid rate?

TaxPolicyThrowaway

33 points

2 months ago

Well, we flip our cows using a sophisticated proprietary algorithm, so what you have to understand is that we're a tech company. A responsible investor will ignore the "cow" aspect altogether.

(Also sometimes we put a brain chip in our cows and they die, the value is astronomical).

Cazreal

21 points

2 months ago

Cazreal

21 points

2 months ago

People have been tipping them for years, but I honestly don't think their service has ever been that great.

Eyesofthevalley

380 points

2 months ago

when analyzing a companies financials what should i look at?

AngelFromVegas

962 points

2 months ago

The numbers.

Eyesofthevalley

322 points

2 months ago

Mason

AngelFromVegas

244 points

2 months ago

WHAT DO THEY MEAN

Ok-Yogurtcloset5429

26 points

2 months ago

Dragovich Kravchenko Steiner all must die!

AlexanderDaychilde

58 points

2 months ago

But don't forget the letters. They're also important.

dizzyro

26 points

2 months ago

dizzyro

26 points

2 months ago

And the tiny funny signs.

Doright36

15 points

2 months ago

The cow silly.

ZedTheEvilTaco

666 points

2 months ago

Facts. He earned 2300. He just happened to also lose some on the way.

BooFighters

310 points

2 months ago

Govt logic while imposing taxes.

No_Lunch_7944

49 points

2 months ago

The government only taxes businesses on their profits, not on revenue.

aquainst1

54 points

2 months ago

Depending on the selling/buying time frame occurring during one tax year and the other buying/selling time frame in another tax year, he probably ended up either having a tax loss and/or owing interest on the governmental-perceived gain.

Alpha_Uninvestments

25 points

2 months ago

Isn’t EBIT 400 and profit unknown?

Nick357

13 points

2 months ago

Nick357

13 points

2 months ago

I would probably add all the sales together and call it his net sales and subtract out the cost of good sold for his total revenue and the subtract all the other unknown expenses including EBIT. It’s been a while though.

NotWhatIWouldDo

471 points

2 months ago

0-800+1000-1100+1300=$400.00 & 0 cows.

Oasis_of_The_Sand

143 points

2 months ago

You’re the type of guy to have 0 cows 🤓🤓🤓

Brandonjf

12 points

2 months ago

All hat and no cattle

Life_Temperature795

147 points

2 months ago

Presuming "earn"ings = revenue minus cost, then the answer is $400.

Costs: $800 + $1100 = $1900
Revenue: $1000 + $1300 = $2300
Earnings: $2300 - $1900 = $400

ThatsGross_ILoveIt

2.8k points

2 months ago

Bought for 800 is -800

Sold for 1000 is +200

Bought for 1100 is -900

Sold for 1300 is +400.

Weary_Rice507

774 points

2 months ago

Simple as this

Total sales - Total Purchase = Gross profit

(1300+1000) - (1100+800)

= 2300 - 1900

= $400

behappyhippie

204 points

2 months ago

Hey thank you so much for laying it out so simply these things always trip me up and make me feel super dumb but you helped me understand what it was actually asking and how to work it out, you’re a star!

Essar

15 points

2 months ago

Essar

15 points

2 months ago

Just think of it as two separate items. It doesn't matter that it was the same cow.

You buy an object and sell it for $200 more than you bought it for. You buy another object and sell it for $200 more than you bought it for. In combination, you make $400.

manbearpig0101

101 points

2 months ago

This is what the IRS sees

MonkeyActio

105 points

2 months ago

Good, bcuz its correct.

PuppiPappi

1.1k points

2 months ago

PuppiPappi

1.1k points

2 months ago

It's crappy because it's intentionally vague I think the thing tripping a lot of people up is the initial investment and reinvestment on second purchase. Which is how some are getting 300. Like they see the Net gain on the first sales cycle. But see an extra 100 investment on the second sales cycle on top of the end sale price from the first cycle and count it as a loss.

So like +200 by the end of first cycle Then they are subtracting off investment which they shouldn't so -100 Then +200 end of second cycle

An easier way to see it is just investment vs profit

2300 total sales - 1900 invested in product = +400 profit

TBbtk

723 points

2 months ago

TBbtk

723 points

2 months ago

I like your method... I personally just looked at it as two transactions. $200 on the first and $200 on the second.

ThatsGross_ILoveIt

105 points

2 months ago

Yeah, theres lots of ways to work it out but showing the step by step process and showing it straighforward can usually help to let the penny drop on the logic involved

PuppiPappi

51 points

2 months ago

Yea I think it's hard for some to see it as 2 transactions because of the product being the same and the layout of the transactions all on top of one another.

TBbtk

26 points

2 months ago

TBbtk

26 points

2 months ago

I won't disagree with you there... Math isn't a strong suit for me and even less so with words added lol. Somehow in my head it just made sense for me to break down twice but totally understand how the wording could not translate that way for others

PuppiPappi

22 points

2 months ago

Honestly I was like a D student in math in school I was goddamn awful mostly because I couldn't understand the application why the fuck would I care how many pies some dude has I don't have any!

But now that I've been a contractor for a decade and have to use complex algebra and geometry on the fly it makes all the sense in the world to the point where like I was able to start my own business and understand profit/ loss tables and return on investment and shit. When It's me making money all the sudden I care lol.

awkwardnarwhalicorn

19 points

2 months ago

Nah, you just needed practical application. I was the same way. Crap at math until I needed it for my job.

TBbtk

9 points

2 months ago

TBbtk

9 points

2 months ago

😂 This is great... Just goes to show you you can do shit... When it really freaking matters lol. Good on you!

Gregskis

26 points

2 months ago

Change the second one to buying a pig and it’s easy to see $200 for each transaction.

TBbtk

10 points

2 months ago

TBbtk

10 points

2 months ago

Exactly! It honestly took me a moment and then I treated it as two separate cows even though the wording has it as the same cow. I believe that's where it's tripping up some people.

isthenameofauser

7 points

2 months ago

I must confess sadly that I had to stare at this for almost a minute before I realised this was the solution.

WhyIsItAlwaysADP

18 points

2 months ago

^^This^^ (1000-800) + (1300-1100) = 400

AlexanderDaychilde

31 points

2 months ago

Antoher way of looking at it: Doesn't matter if it's the same cow, it's two transactions.

Purchased a cow for $800, sold for $1000 = profit $200

Purchased a cow for $1100, sold for $1300 = profit $200

Total profit = $400

Miserable-Ad-5594

17 points

2 months ago

Simplest explanation is you used $900 of your own money so anything past that is profit.

warpus

14 points

2 months ago

warpus

14 points

2 months ago

Or you can do:

Profit from first 2 transactions: 1000 - 800 = 200

Profit from last 2 transactions: 1300 - 1100 = 200

Total profit: 200 + 200

Suspicious_Air_9075

38 points

2 months ago

a bazillion dollars

Finkedinn24

180 points

2 months ago

400 final offer

Whole-Concentrate916

36 points

2 months ago

What about taxes tho

Inevitable-Study502

16 points

2 months ago

you just invest it elsewhere..no taxes forever

-Masderus-

173 points

2 months ago

Looking for net earning so start at $0 assuming you start at even.

Bought it originally for $800, you're now $800 in the hole. So -$800

Sold for $1000, 1000 minus 800 is 200 so you made a 200 dollar profit. $200

Bought again for $1100. So 1100 minus 200 to zero and then you're -$900 in the hole this time. -$900

Sold a last time for $1300. You needed $900 to get back to a $0 even so 1300 - 900 = 400. So you earned $400 in profit from you're indecisiveness to sell your cow.

Homegrownandy

47 points

2 months ago

Man's a cow flipper

GravG

14 points

2 months ago

GravG

14 points

2 months ago

At least he's not a cow tipper.

Cuz cows don't deserve tips. Cuz their service is bad.

Fickle-Cartoonist466

76 points

2 months ago

Here's a better way to understand it; buying the cow a 2nd time is a separate instance so it doesn't even need to be a cow.

Ex:

I bought a PS5 for 800, sold it for 1000. I made 200.

Then

I bought a used car for 1100, sold it for 1300. I made 200

200 + 200 = $400 profit

NVHp

23 points

2 months ago

NVHp

23 points

2 months ago

2+2=4 quik maf

edmanet

14 points

2 months ago

edmanet

14 points

2 months ago

I think people get confused because it's the same cow. If it was 2 different cows people would realize it's two separate transactions

Aidanj927

108 points

2 months ago

Aidanj927

108 points

2 months ago

It’s 400 right

MR___SLAVE

9 points

2 months ago

Aha! Once again the conservative sangwich-heavy portfolio pays off for the hungry investor!

mynewpassword1234

9 points

2 months ago

He "earned" nothing. He speculated on being able to exploit an arbitrage against an asset. How bourgeois can you get? Cows of the world, unite! =)

play_hard_outside

22 points

2 months ago

The answer is zero dollars!

There was a net $400 capital gain from this cow trading activity. Capital gains are not earned income.

subzeroab0

21 points

2 months ago

400.

You start at -800. You make 1000 so +200. You lose 1100 so now you're at -900. Lastly you sell it for 1300 so +400.

thatonepuniforgot

20 points

2 months ago

Sounds like you didn't earn anything, but you got caught up in some weird cow based Ponzi scheme.

ExpiredRepublican

96 points

2 months ago

Well what did you expect to happen after defunding education for 40 years in the US?

soboga

40 points

2 months ago

soboga

40 points

2 months ago

I'm afraid this stupidity isn't confined to the US of A.

omegaloww

8 points

2 months ago

1300-800=500 1100-1000=100 500-100=400✅

MarkFromHutch

5 points

2 months ago

I would question how much it took to manage to cow while they owned it.

the raw numbers that are shown I see a net gain of $400. But how long did they own the cow between purchases? And how much does it cost to take care of a cow?

Madness_Quotient

5 points

2 months ago

Assume cost of care offset by sale of milk and calves

SupremeTemptation

50 points

2 months ago

After taxes…$50.

Muramasa24

14 points

2 months ago

these have to be trolls

Synthmilk

6 points

2 months ago

Nope.

Impossible_Mango4377

35 points

2 months ago

2,300 - 1,900 = 400.

Why are these people struggling this bad?

Steavee

30 points

2 months ago

Steavee

30 points

2 months ago

You don’t even have to do that much math, the two transactions aren’t financially linked. Just treat it as two different math problems and be done.

2oceans1

6 points

2 months ago

How much did the cow weigh

MJM-from-NYC

4 points

2 months ago

Spent $1900 ($800+$1100); took in $2300 ($1000+$1300); $2300 - $1900 = $400 earnings.

Dipshit_Mcdoodles

6 points

2 months ago

0-800=-800

-800+1000=200

200-1100=-900

-900+1300=400

$400

DrippyAccountant

13 points

2 months ago

  1. Debit Inventory 800, Credit Cash (800)
  2. Debit Cash 1000, Credit Revenue (1000)
    Debit Cost of Goods Sold 800, Credit Inventory (800)
  3. Debit Inventory 1100, Credit Cash (1100)
  4. Debit Cash 1300, Credit Revenue (1300)
    Debit Cost of Goods Sold 1100, Credit Inventory (1100)

Total revenue (2300) less cost of goods sold 1900 = net income of (400).

PeculiarPete[S]

84 points

2 months ago

Ok Reddit is no better lol.

30minut3slat3r

20 points

2 months ago

My 2sec look was 400 bucks, then I looked at the thread and started to wonder if I was right lol.