Birdwatch Note Rating
2024-05-18 21:48:31 UTC - NOT_HELPFUL
Rated by Participant: 0B635A6A36C85DAC38ED03842E876ADE8164E729F8F221A27A373412CA1AD061
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