Birdwatch Note Rating
2024-05-18 16:11:40 UTC - NOT_HELPFUL
Rated by Participant: 082DC374C00796ABB628A46E4B39B2548E8B33FFA2AACB0A7BAC8ED786FCF034
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