Birdwatch Note Rating
2024-05-18 09:39:16 UTC - NOT_HELPFUL
Rated by Participant: 00E436780FCDE5B0D45D68411150BE5B7E659A6C56DCB95B7B0C673971B7026C
Participant Details
Original Note:
This is an unsolvable problem as not all the information, such as product markup, is given. Thus, you cannot know how much money the store truly lost, as markup on products would be a “recoup” on the theft. Additionally, theft is tax deductible. https://www.irs.gov/forms-pubs/about-form-4684#:~:text=Attach%20Form%204684%20to%20your,losses%20from%20casualties%20and%20thefts. https://corporatefinanceinstitute.com/resources/accounting/markup/
All Note Details