Question about Toys

4 Answers

I have a puzzel which cannot be solved

A woman buys a $78 necklace at a jewellery store. She gives the jeweler a cheque for $100, because he does not have the 22$ change on hand. He goes to another merchant next door. There he exchanges the woman's cheque for $100 in cash. He returns and gives the woman the necklace and her change. Later the cheque bounces and he must make it good to the other merchant. He originally paid $39 for the necklace. What is his total out-of-pocket loss? Please help me solve this puzzel

Posted by on

Ad

4 Answers

  • Level 3:

    An expert who has achieved level 3 by getting 1000 points

    Superstar:

    An expert that got 20 achievements.

    All-Star:

    An expert that got 10 achievements.

    MVP:

    An expert that got 5 achievements.

  • Master
  • 1,169 Answers

There is too many variables in this real life problem to give you an exact answer.

The final outcomes all depends on what the jeweler's final expenses and recovered amounts here. If there is no additional expenses and nothing is recovered from the customer he will be out $161 as he paid $39 for necklace, reimburses the other vendor the $100 for the bounced check and he is out $22 that he gave the customer as change.

Now if he has to pay a returned check fee to the other vendor that adds to his expenses. If customer then makes good the check plus the return check fees then he has made a profit of $39 minus his regular overhead expenses. If he sues the customer that changes everything again.

This can be even more confusing when you add in the real life figures and the final answer all depends on the final outcome of this problem that is why we have accountants to keep track of everything.

Posted on Nov 13, 2014

×

Ad
  • Level 1:

    An expert who has achieved level 1.

    Corporal:

    An expert that has over 10 points.

    Mayor:

    An expert whose answer got voted for 2 times.

    Problem Solver:

    An expert who has answered 5 questions.

  • Contributor
  • 9 Answers

Well for one thing, he did not seem to have a way to check out checks so he took it next door, weird, she i would pay the other merchant what he owes and try to never deal with that woman again, i would post her name on my register to remind myself. Check bouncers are the worst. if he had cashed it himself he could recoup the money and the bounced check would have been on her like it should have been, sometimes we must learn lessons. to bad he cannot talk to her and she could make it right.

Posted on Nov 13, 2014

Ad
  • Level 1:

    An expert who has achieved level 1.

    Corporal:

    An expert that has over 10 points.

    Mayor:

    An expert whose answer got voted for 2 times.

    Problem Solver:

    An expert who has answered 5 questions.

  • Contributor
  • 9 Answers

He makes a $39 gross profit on the jewelry and then must make good on the check so $39 - $100 = $61 loss.

Posted on Nov 13, 2014

  • Level 1:

    An expert who has achieved level 1.

    Hot-Shot:

    An expert who has answered 20 questions.

    Corporal:

    An expert that has over 10 points.

    Mayor:

    An expert whose answer got voted for 2 times.

  • Contributor
  • 20 Answers

Answer is 139

Posted on Nov 13, 2014

1 Suggested Answer

6ya6ya
  • 2 Answers

SOURCE: I have freestanding Series 8 dishwasher. Lately during the filling cycle water hammer is occurring. How can this be resolved

Hi,
a 6ya expert can help you resolve that issue over the phone in a minute or two.
Best thing about this new service is that you are never placed on hold and get to talk to real repairmen in the US.
the service is completely free and covers almost anything you can think of.(from cars to computers, handyman, and even drones)
click here to download the app (for users in the US for now) and get all the help you need.
Goodluck!

Posted on Jan 02, 2017

Add Your Answer

Uploading: 0%

my-video-file.mp4

Complete. Click "Add" to insert your video. Add

×

Loading...
Loading...

Related Questions:

1 Answer

I'm buying a necklace and pendant that says platinum plated and 14 K gold is it real and what does platinum plated mean


14 k and platinum plated are just words to make junk jewellery look more expensive
real gold is stated in C not k as the word is spelt carat
platinum is a precious metal but when used with the letter K it indicates that what you are looking at buying will have very little value in real terms

Jun 02, 2017 | I'm Watches

6 Answers

What gifts can I offer my mom online?


There are many gifts that you can offer your mother. In my view, Cakes, chocolates, flowers and jewellery are some of the gifts. For more gifts, visit countryoven. Mother Day Gifts

Apr 26, 2016 | Event Planning & Celebration

10 Answers

I want to buy designer diamond Ring for my friend online, and also at low price. where will i get this?


There are a lots of shops available on the internet to buy jewelry for men and women both. But all the shops are not reliable, they can give you bad qualities products and will grab your money. So, always choose a most reliable shop to buy any type of jewelry. Apart from diamond rings, you can also get varieties of other jewelry like Women's and Mens leather bracelets , necklaces, earrings, etc.
images-fyhuj5h0t0z5rtqqhej1gkmd-5-0.jpg

Dec 05, 2013 | Clothing Accessories

5 Answers

Have you got a jewel or jewellery and can you recommend it? Where did you purchase it? I'm contemplating a moissanite wedding band for several reasons. The cost is realistic, the rock appears to...


well,I'd like to say I recommend pearl set for you. As we all know, the pearl set is elegant, romantic and gorgeous to please. A website for you to choose: http://www.elenspearl.com/

Jul 25, 2013 | Watches

5 Answers

Can you tell me where i can find a fashionable necklace for my beautiful girlfriend?


Youcan buy if from your locial stores If you can't find a necklace which you want to buy. You also can search for website. There are many websites provide beautiful and fashionable necklaces.such as mubuy.com,.

Dec 25, 2012 | Washing Machines

2 Answers

Is there any online store, that does not require for a minimum order, I want to buy some wholesale junior dresses?


Perpetual Gifts from Indonesia has latest trends in women fashion. It has dress for women, garments for women at Perpetual gifts from Indonesia. Discover the lastest trends in fashion in Indonesia, Jakarta. It has online tops, shirts for women, blouse, outer, short and long sleeveless dress which is very much afforadable for your pocket.
For enhancing your beauty it also serves in fashion Jewellery containing necklace, pendants, earrings, rings, bracelets at affordable rate.
You can visit www.Perpetualgifts.com
Berpakaian untuk Wanita Beli Partai Wear Dresses Dresses Designer Wanita...
any-online-store-not-require-minimum-jsh5eavathlgg2dx2ackjwua-4-0.jpg

any-online-store-not-require-minimum-jsh5eavathlgg2dx2ackjwua-4-2.jpg

Dec 08, 2012 | American Girl Wedding or First Communion...

Not finding what you are looking for?
Toys Logo

Related Topics:

132 people viewed this question

Ask a Question

Usually answered in minutes!

Top Toys Experts

kakima

Level 3 Expert

102366 Answers

yadayada
yadayada

Level 3 Expert

76649 Answers

Andrew Taylor
Andrew Taylor

Level 3 Expert

15675 Answers

Are you a Toy Expert? Answer questions, earn points and help others

Answer questions

Manuals & User Guides

Loading...