He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a degree from Loughborough University. Each method has its advantages and is suited to different types of assets or business situations. This formula is best for production-focused businesses with asset output that fluctuates due to demand. This formula is best for…