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Overview


Gross Profit: Don't get it wrong

2015-076
Duration: 0.45 minutes
$95.65 +GST Retail
$95.65 +GST Learning Partner

Event Detail

Gross profit calculations require estimates and judgement and I see too many instances of incorrect calculations and under insurance. Participants will learn how to work with Insured’s to get the gross profit sum insured correct. 

  1. Case study calculation of Gross Profit, including trend and indemnity period allowance.
  2. The case study will include examples and explanations of key terms such as uninsured working expenses, variable costs, standing charges, difference method, additions method, insured gross profit vs accounting gross profit etc.

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Unit 4D, 2B William Pickering Drive, Rosedale, Auckland 0632

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