Only 4 equations Finance pros need
August 22, 2008 by Shane BorerPosted in: "Seemed like a good idea at the time", Latest news & views
Forget the countless formulas and spreadsheets — there are only four equations you really need to know.
And the best part? Even those “non-numbers” people who always complain should be able to get the hang of these:
- Smart Boss + Smart Employee = Profit
- Smart Boss + Dumb Employee = Production
- Dumb Boss + Smart Employee = Promotion
- Dumb Boss + Dumb Employee = Overtime
Have any equations of your own that should be added to the must-know list? Let us know in the comments section below.
Popularity: 1% [?]
Tags: Formulas, Non-numbers people, Spreadsheets
February 28th, 2009 at 8:53 am
Dumb Boss + Dumb Auditor = Higher Income Tax
(Dumb Boss + Dumb Employee) + Wiley Auditor = Higher Accounting Fees
Smart Boss + Smart Auditor = Tax Savings