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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: On the QT who wrote (33763)	4/5/1999 1:23:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 108807

There is no missing dollar. The room cost $25, the bell hop kept $2, the sailors have $3, that adds up to $30. There is something fishy with the math, but I'll let someone else work it out.

To: On the QT who wrote (33763)	4/5/1999 3:35:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 108807

Creative accounting. Cendant may have used this model <VBG>! Reviewing, they put up $27.00 and $2.00 surreptitiously pocketed by the bellhop = $29.00. The room original cost was $30.00. It's a classification issue, and the missing dollar is nothing more than the difference between the $3 received by the sailors and the $2 pocketed by the bellhop. Done properly: The room cost $30. The clerk keeps $25. The bellhop keeps $2. The sailors get $3 back Total is $30. The error is in adding the sailors' net out of pocket ($27) to the bellhop's in pocket, because the sailors' out of pocket already includes the bellhop's in pocket -- i.e. double counting. TTFN, CTC

To: On the QT who wrote (33763)	4/5/1999 9:58:00 PM
From: nihil	Read Replies (1) \| Respond to of 108807

I add another puzzle, with an air of international business. A sailor buys a beer for $.05 US (very old story) in Detroit, and pays for it with a Washington (U.S. dollar). Owing to the $.05 difference in bid and ask in foreign exchange rates, the $US is worth $1.05 Canadian (, so the Bartender gives him a $C (a Loonie) in change. The sailor walks across the bridge to Canada and buys a $.05 C beer and pays with the Loonie. Owing to a $.05 bid and ask difference, the Loonie is worth $1.05 U.S. in Windsor, and the barkeep gives him a Washington in change. The sailor, sensing he is on to a good cheap drunk walks back across the bridge to his original bar and buys another beer with his Loonie and gets a Washington in change --- usw. He ends up drunk as a skunk with his original U.S. dollar bill, is arrested by the Shore Patrol and severely beaten. Problem: Who paid for the beer?