Shareholder Transparency with Accountable Hourly Benchmarks for All Payroll Costs, CEO Salaries, The Corporate Office and Research Cost as drains on OiBiTDA dollars.
Martin D'Amico retired Controller NYSE Corp. & CPA authored Performance Cash 2003 & How to Predict Year End Cash & Energize Any Size Business 1998. Performance Cash became OiBiTDA & Benchmark #3 while recording and predicting the quality of Paid Hours as a scorekeeper . Such in combination with Sales Dollars as Benchmark #1 and Units (transactions and/or invoices) accmulating Earned Hours, produces Sales Efficiency at 98% (i.e.) with Payroll Efficiency +2% because less sales produced lower cost relative to more per Hour when Payroll Cost are divided from less Earned Hours.
This makes every Sales outlet that pays Hours including the Corporation in its entirety subject to efficiency criteria versus the prior Quarter with a Dollar & Cent Benchmark #2 that can be compared to every other Corporation as in below 's chart. Ditto for the CEO's total compenstaion package.
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The 1st book was cover featured by Management Accounting Magazine."By reducing all activities to common base-hours-you can monitor your business daily & still focus on future growth."
Public Accounting Magazine--- "He shows how cash the great variable is connected to the two principal statistics of a business---sales units & labor hours."
Lodging Magazine--- The financial section of the Magazine featured the benchmark process for rooms & food of the Hospitality Industry.
There are no wrong results from Corporate America, only real time answers that bypass Wall Street and Accountants and go directly to Equity Investors whom ever they may be. The invention is incorporated onto a website from a computer program (a weekly per Hour Grid) to a perpetual data base that calculates return on investment transfers from daily changes to Trading Values (a Denominator) on a real time basis for OiBiTDA, a numerator (EPS dollars plus Income Tax, Interest, and Depreciation). The website can be subscriber based where-by investors can get real time comparative data for individual stocks as well as those stocks that comprise a portfolio and/or mutual fund after Public Corporations submit Hours Paid, a scorekeeper under OiBiTDA.
DNA Return of Investment
DNAROI.comEarned Hours
EarnedHours.comFour Benchmarks
FourBenchmarks.comCommon Transparency
CommonTransparency.comOiBiTDA.com
Melbourne, FL 32940
Email: mdamico2@earthlink.net