Birdwatch Note Rating
2024-05-18 22:00:22 UTC - NOT_HELPFUL
Rated by Participant: 56E5B2BACAF78CF81839D6C848DC2C1448030733E9175E37D560C8C275EF43B9
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