The Profit Formula® is a new and far better way. Depreciation and amortisation, interest costs and tax burden are exogenous variables within the old formula – these cost items happen to be outcomes of separate calculations with several arbitrary choices – whereas they all are endogenous variables within the new formula, ipso facto separate calculations […]
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https://coo.systems/the-old-way-of-calculating-profit-inefficient-and-illogical/