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=UISNESS iNTERRUPTICN hiORRSHEET
<br /> Date: 24-Mar-89
<br /> Company: St. Anthony (OFF SALE)
<br /> Location: 2504 38th Avenue NE •
<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, 558 ,938 1, 500, 000
<br /> 1. Other Earnings: 6, 596 10, 000
<br /> ----------- -----------
<br /> (A) Total Sales: 1, 565, 534 1, 510, 000
<br /> ADJUSTMENTS TO GROSS SALES:
<br /> 1. Discounts: 10, 288 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: 10, 288 10, 000
<br /> (C) TOTAL REVENUE (A-B) : 1, 555, 246 1, 500, 000
<br /> DEDUCTIONS (Noncontinuing Expenses) :
<br /> 1. Cost of Goods Sold: 1, 291, 888 1, 280, 000
<br /> 2 . Supplies: 11, 215 12 , 000
<br /> 3 . Services purchased from outsiders: 38, 482 40, 000•
<br /> 4. Utilities: 18 , 538 20, 000
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<br /> (D) TOTAL DEDUCTIONS: 1, 360, 123 1, 352,000
<br /> (E) BUSINESS INTERRUPTION BASIS (C-D) : 195, 123 148, 000
<br /> INSURANCE WITHOUT PAYROLL ENDORSEMENT: 50% .97, 562 74, 000
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<br /> DEDUCT:
<br /> 1. Ordinary Payroll Expense: 80, 439 84, 000
<br /> 2. Employee Overhead Costs (in percent)
<br /> a. Workers' Compensation rate: 2 .33% 1, 874 1, 957
<br /> b. Employers' Social Security rate: 7.51% 6, 041 6, 308
<br /> c. Unemployment Compensation rate: 1. 00% 804 840
<br /> d. Employee Benefits rate: 2 .25% 1, 810 1,890
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<br /> (F) TOTAL ORDINARY PAYROLL EXPENSE: 90, 968 941996
<br /> (G) BUSINESS INTERRUPTION BASIS (E-F) : 104 , 155 53 , 004
<br /> (H) LIMITED PAYROLL REQUIRED (in days) : 60 14,954 15, 616
<br /> INSURANCE WITH LIMITED . PAYROLL ENDORSEMENT (G+H) 119, 108 68, 620
<br /> AMOUNT OF INSURANCE WITH LIMITED PAYROLL: 80. 00% 95, 287 54,89
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