Birdwatch Note Rating
2024-05-18 07:22:00 UTC - NOT_HELPFUL
Rated by Participant: DA458E33269A6EB5B0E1A14FADDF723F98F0C38CC8BF4445505D23C295B09AEA
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