See http://www.oldschoolvalue.com/blog/valua...
Ok when looking at net-net the formula i have that to find the net net you have to find the working capital then minus any debt
but from researching on internet i have found that ben graham stated another method for working out Net-net which is Net Net Working Capital = Cash and short-term investments + (0.75 * accounts receivable) + (0.5 * inventory) – total liabilities
i cant seem to find this in intelligient investor. do they mean the same thing? what difference?
thank you for your time.
