While commonly used quantitative measures or financial ratios serve as a good benchmark for investing in businesses, one should also be aware of the underlying assumptions used to draft such numbers. These benchmarks may sometimes paint a completely different picture under different norms. This may not only affect the accrual based numbers but also cash flows and lead one to erroneously see a business as being way better in terms of profitability and/or creditworthiness than it is. Read More @ http://multi-act.com/mining-magic-of-full-cost-accounting/ Website - http://multi-act.com/ Contact Us - http://multi-act.com/contact