Birdwatch Note Rating
2024-05-19 05:22:56 UTC - NOT_HELPFUL
Rated by Participant: F4613BE26BB47C3A576F196997BCECAC736A2C57DEBBDD9D1C15E20802233BD8
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