Birdwatch Note Rating
2024-05-19 11:23:57 UTC - NOT_HELPFUL
Rated by Participant: 12112AC95FC9F2DDCA06E3A43FB008E4155D2A1620F14F687732CE002CFE6035
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