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Microcap & Penny Stocks : OTC:BB STOCK PICKING Challenge

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To: dreamer who wrote (5826)2/1/2001 10:13:47 PM
From: ChrisJP  Read Replies (1) of 17315
 
Nice try, dreamer. Of course I've seen this one before.

A classic case of bad accounting. You can add up all sorts of numbers and come up with some interesting results.

The fact is that the room cost $25 and they got $3 back and the bell boy kept $2 which = $30.

Subtracting $3 from the $30 to believe they each paid $9 is the accounting error. You can subtract $2 from $30 or you can add $3 to $25, but its a mistake to subtract $3 from $30 or add $2 to $25.

So the equation 9+9+9+2 = 30 is incorrect (obviously, lol). The correct equation is (10-1)+(10-1)+(10-1)-2 = 25.

Regards,
Chris
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