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Every Thing Else Board
Ham theft..............
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<blockquote data-quote="Son of Butch" data-source="post: 1528634" data-attributes="member: 14585"><p>4 slices @ 1.5 oz each = 6 oz x 5 days = 30 oz or 1.875 lbs week x 52 wks = 97.5 lbs yr x 8 yrs = 780 lbs</p><p>$9,200 div by 780 = $11.79 lb for ham :bs: </p><p></p><p>Unless the store sold out of ham each and every day there was no lost revenue.</p><p>IF store paid $3.00 lb for the 780 lbs of deli ham. 780 lbs x $3 = $2,340 of stolen property or $304 ham stolen per year.</p><p></p><p>Store manager inflated the loss.</p><p>In property loss cases, replacement value not retail price is the correct accounting practice.</p><p>Property loss really was 780 lbs of deli ham stolen with an estimated value of $2,340 not $9,200.</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1528634, member: 14585"] 4 slices @ 1.5 oz each = 6 oz x 5 days = 30 oz or 1.875 lbs week x 52 wks = 97.5 lbs yr x 8 yrs = 780 lbs $9,200 div by 780 = $11.79 lb for ham :bs: Unless the store sold out of ham each and every day there was no lost revenue. IF store paid $3.00 lb for the 780 lbs of deli ham. 780 lbs x $3 = $2,340 of stolen property or $304 ham stolen per year. Store manager inflated the loss. In property loss cases, replacement value not retail price is the correct accounting practice. Property loss really was 780 lbs of deli ham stolen with an estimated value of $2,340 not $9,200. [/QUOTE]
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Ham theft..............
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