Birdwatch Note Rating
2024-05-18 21:28:36 UTC - NOT_HELPFUL
Rated by Participant: A9B1D407C7B67AB76091700A60678169E1F388E3B1E467F9CB3990B23E887DCE
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