Insurance claims for loss of profit

This is regarding Illustration 8 in the study material. 1. Why is this Down-trend calculated when it is not being used anywhere? 2. Why is Adjusted Annual Turnover shown separately? It is same as the Annual Turnover.. I don't get it.. Would be glad if someone can explain..

Sowmya Ilango

CA Inter

★ 6K+

21-Mar-23 14:59

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