Birdwatch Note Rating
2024-05-18 05:31:38 UTC - NOT_HELPFUL
Rated by Participant: 874CCF598EEC6FC8EA13EB8E5D88255ADDF82F28041A165385A40BA6758A5F90
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