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EUISNESS INTZE LRUPTION 'NOR�NSHE:_
<br /> Date: 24-Mar-89
<br /> Company: St. Anthony (OFF SALE)
<br /> Location: 2700 Highway n8 •
<br /> City, State: St. Anthony, MN
<br /> Rebuild Time in Months: 6
<br /> 12 Month Ending: 12/31/88 6/01/90
<br /> ALL ENTRIES TO BE ON AN ANNUAL BASIS COLUMN 1 COLUMN 2
<br /> Actual Estimated
<br /> GROSS SALES of store: 1, 291, 893 1, 250, 000
<br /> 1. Other Earnings: 38, 547 . 35, 000
<br /> ----------- -----------
<br /> (A) Total Sales: 1, 330, 440 1, 285, 000
<br /> ADJUSTMENTS TO GROSS SALES:
<br /> 1. Discounts: 8,978 10, 000
<br /> 2 . Bad Debts: 0 0
<br /> 3 . Sales Taxes: 0 0
<br /> 4. Prepaid Freight: 0 0
<br /> ----------- -----------
<br /> (B) Total Adjustments: 8,978 10, 000
<br /> (C) TOTAL REVENUE (A-B) : 1, 321, 462 1, 275, 000
<br /> DEDUCTIONS (Noncontinuing Expenses) :
<br /> 1. Cost of Goods Sold: 1, 082, 863 1, 050, 000
<br /> 2 . Supplies: 11, 695 12, 000
<br /> 3 . Services purchased from outsiders: 38, 312 40, 000
<br /> 4 . Utilities: 16, 756 18, 000
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<br /> (D) TOTAL DEDUCTIONS: 1, 149, 626 1, 120, 000
<br /> (E) BUSINESS INTERRUPTION BASIS (C-D) : 171, 836 155, 000
<br /> INSURANCE WITHOUT PAYROLL ENDORSEMENT: 50% .85,918 77, 500
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<br /> DEDUCT:
<br /> 1. Ordinary Payroll Expense: 105,460 110, 000
<br /> 2. Employee Overhead Costs (in percent)
<br /> a. Workers' Compensation rate: 2 . 33% 2,457 2, 563
<br /> b. Employers' Social Security rate: 7 .51% 7,920 8, 261
<br /> c. Unemployment Compensation rate: 1. 00% 1, 055 1, 100
<br /> d. Employee Benefits rate: 2 .25% 2, 373 2 , 475
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<br /> (F) TOTAL ORDINARY PAYROLL EXPENSE: .119, 265 124,399
<br /> (G) BUSINESS INTERRUPTION BASIS (E-F) : 52, 571 30, 601
<br /> (H) LIMITED PAYROLL REQUIRED (in days) : 60 19, 605 20,449
<br /> INSURANCE WITH LIMITED PAYROLL ENDORSEMENT (G+H) 72, 176 51, 050
<br /> AMOUNT OF INSURANCE WITH LIMITED PAYROLL: 80. 00% 57,741 40,844
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