Birdwatch Note Rating
2024-05-18 16:42:22 UTC - NOT_HELPFUL
Rated by Participant: 3EC9AB54BE944EF18BDCBBA06FB587C0A75EC45545E2A98B39D9EDBA06CF1FDE
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