Gandhi Is A Solid Leader And Charming Andaaz
1) G: Gross Profit- Net Profit + Insured Standard Charges * 100
Sales
2) I: Indemnity Period Turnover : (turnover of dislocation period)
3) A: Adjusted Standard Turnover - Standard Turnover +/- Trend (if any)
4) S: Short Sales - Step 3 - Step 2
5) L: Loss of Profit - Step 4 * Step 1
6) A: Additional Expenses - wn 1
7) C: Claim Statement - Loss of Profit *****
+Additional Expenses *****
-Savings (*****)
Total Loss ******
8) A: Average Clause- Policy Amt * Total Loss
G.P on Adjusted Annual
Turnover (Wn 2)
WN:1 Calculation of the additional Expenses
Least of the following:
a) Actual Additional Expenses : ******
b) G.P on Additional Sales: ******
c) G.P on Adjusted Annual Turnover (wn 2) * actual additional expenses *******
G.P as above + uninsured charges
WN: 2 Calculation of G.P on Adjusted Annual Turnover:
G.P (Annual T/O +/_ Trend if any)
CAclubindia
