Prepare an estimate of the financial loss

Assignment Help Finance Basics

Reference no: EM13771703

You are the practice manager for a four-physician office. You arrive on Monday morning to find the entire office suite flooded from overhead sprinklers that malfunctioned over the weekend. Water stands ankle-deep everywhere. The computers are fried and the contents of all the filing cabinets are soaked. Your own office, where most of the records were stored, has the worst damage.

The practice carries valuable papers insurance coverage for an amount up to $250,000. It is your responsibility to prepare an estimate of the financial loss so that a claim can be filed with the insurance company. How would you go about it? What would your summary of the losses look like?

Reference no: EM13771703

Questions Cloud

Compute required revenue to achieve target operating income : Compute the required revenue to achieve the target operating income and compute a contribution income statement to prove the totals.

Explain the importance of health promotional programs : Provide an example of a recent epidemic and how epidemiologists have been able to identify the outbreak

Drawback of economic integrations among nations : Specify the main economic (not political) drawback of economic integrations among nations? Explain (do so in no more than 40 words).

In what did the south have a comparative advantage : Before the Civil War, the South graded with the North and with England. In what did the South have a comparative advantage? Did the Civil War change any opportunity costs in the South? Did the opportunity cost of everything rise? Or did items cost..

Prepare an estimate of the financial loss : The practice carries valuable papers insurance coverage for an amount up to $250,000. It is your responsibility to prepare an estimate of the financial loss so that a claim can be filed with the insurance company. How would you go about it? What w..

Produce to maximize your firms profits : You are the manager of College Computers, a manufacturer of customized computers that meet the specifications required by the local university. Over 90 percent of your clientele consists of college students. what price and quantity of computers shoul..

What business formation would you suggest : What business formation would you suggest they choose to organize their business enterprise? Please discuss the advantages and disadvantages of your choice, and also discuss alternative business formations that Anthony and Eric could choose to org..

Natural ecosystem in your area : The major structural and functional dynamics of your selected ecosystem How humans may have affected the cycling of matter in ecosystems, including effects to the nitrogen, phosphorus, or carbon cycle

Furnishings and equipment damage : The landlord carries contents insurance that should cover the damage to the furnishings, equipment, and to the computers, and the insurance company adjuster will come tomorrow to assess the furnishings and equipment damage.

User Account

All Pages