Walking Dead # 1 CGC 9.9 finally sells!!!

[Lebowski]

Sean may have to change his sig to "Suck it, Nick."

[Bosco685]

Sean may have to change his sig to "Suck it, Nick."

[Transplant]

I haven't finished my giant mug o' coffee.

 

What?

He realized a 166% increase in his investment, but when you do this in Excel and change the field to a %, Excel initially will experience an error and show 16,567%, which would mean he had to sell a book for $20K to achieve this.

 

Gotta love Microsoft solutions.

 

He actually received 166.66X his initial investment. I'm no statistician, but, that is not the same as a 166.66% increase.

You round up and 165.67% is 166%. $2,000 - $12/$12 = 165.67%

 

But you are right - you are no statistician (or basic math expert).

Close, but no cigar. ROI = Net profit/Cost of asset sold

It is not expressed in terms of a percentage unless you convert it. Therefore, the answer is 165.67 but as a percentage it is 16567%. 165.67% of $12 would $19.88.

[User 01001010]

ummm....what the hell are you guys talking about?

 

 

j

[Lebowski]

I haven't finished my giant mug o' coffee.

 

What?

He realized a 166% increase in his investment, but when you do this in Excel and change the field to a %, Excel initially will experience an error and show 16,567%, which would mean he had to sell a book for $20K to achieve this.

 

Gotta love Microsoft solutions.

 

He actually received 166.66X his initial investment. I'm no statistician, but, that is not the same as a 166.66% increase.

You round up and 165.67% is 166%. $2,000 - $12/$12 = 165.67%

 

But you are right - you are no statistician (or basic math expert).

Close, but no cigar. ROI = Net profit/Cost of asset sold

It is not expressed in terms of a percentage unless you convert it. Therefore, the answer is 165.67 but as a percentage it is 16567%. 165.67% of $12 would $19.88.

 

I am vindicated again.

[Bosco685]

Close, but no cigar. ROI = Net profit/Cost of asset sold

It is not expressed in terms of a percentage unless you convert it. Therefore, the answer is 165.67 but as a percentage it is 16567%. 165.67% of $12 would $19.88.

 

You're right. What the heck was I thinking?

[Lebowski]

[Bosco685]

TJ is ALWAYS right. When am I going to get that straight?

 

And the formula for Single-Period Arithmetic Return is Future - Investment/Investment = Yield.

 

So the Yield is 165.67 times investment made. Where I went wrong is then converting that to a %, which is okay, but then reported the Yield as the %.

[Lebowski]

Hugs.

[seanfingh]

 

If either of you giant dilholes had actually read my posts, you would have had it cleared up long ago. But I'm glad when Mike said the same thing I did, you actually paid attention.

[Bosco685]

If either of you giant dilholes had actually read my posts, you would have had it cleared up long ago. But I'm glad when Mike said the same thing I did, you actually paid attention.

 

Dilholes

[Lebowski]

If either of you giant dilholes had actually read my posts, you would have had it cleared up long ago.

 

Sig worthy.