Birdwatch Note Rating
2024-05-18 21:11:50 UTC - NOT_HELPFUL
Rated by Participant: 1EEDDE22249FB27D0C12F92E0AE40080C7F7993ECEEE3DA41529BC670E6EB879
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