Birdwatch Note Rating
2024-05-18 05:43:24 UTC - NOT_HELPFUL
Rated by Participant: 78838FF0318EC521B9D08B6B4CD315B47EEE45C4583C4D32EDDD5633461CE726
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