The answer, it turns out, is 144 — and the formula used to get to that answer is what's now known as the Fibonacci sequence. "Liber Abaci" first introduced the sequence to the Western world.

Though the production of goods and services involves many different kinds of expenses, the prime cost formula only takes ... labor would not include, for example, salaries for factory managers ...

The formula is as follows: NAV = (Total Assets – Total Liabilities) / Number of Outstanding Shares This calculation provides a snapshot of the fund’s value at a specific point in time.

We’ll explain more about the benefits of automated email sequencing and share some effective email sequence examples. Editor’s note: Looking for the right email marketing service for your business?