NEW formula, and beyondWith respect to The Profit Formula® it is NOT essential to know what the values and standards are. They are just input data. Of course, the fact is: garbage in, garbage out. The Profit Formula® is value-free. It is a universal profit-meter, suitable for measuring real (scientifically correct) as opposed to artificial (defined at will) profit. For instance, inputting fiscal premises will lead to the fiscal profit figure. The one and only real profit can be found exclusively by inputting the real values and standards. ... more Whatever the various True Values and New Values may be, next to the gearing standards (the standard geared proportion of each specific set of assets) and the other gauging data (science could help a little in tracing these, but it may not always have the last word), determining profit remains nothing more than filling in figures. Meanwhile everything is taken into account from the start, everything that one wants to gauge, that is. One has to do this to one's best knowledge, … more A paper can be downloaded for free entitled 'Jacobs Matrix vs. Mobley MatrixTM' from the Social Science Research Network Electronic Paper Collection. Jacobs Matrix is a spin-off of The Profit Formula®. … more NVA i.e. Net Value Added beats everything including EVA®. Beyond the 'point of no return', the investor's cash flow based perspective is substituted with the accountant's accrual accounting perspective. That is the way it is. NVA bridges the gap between 'strategic investment'-evaluation and the (improved) measurements of traditional accounting, presenting the best of both worlds. … more |
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