Birdwatch Note Rating
2024-05-18 08:15:34 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 213D23B48006676DD166E7785119D2717943031B93C4BFBD24221F15F59CE636
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