You got it, I personally don't spend too much time calculating the K value, since I can edit it while I drive and see AFR's in real time. Now also that's not my formula, that's the one I found on lots of forum posts.
Now the reason I said there is no such thing, no one really runs a 500whp maf on stock 259cc injectors

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Also as a rule of thumb, when you upgrade MAF you have to increase K value to give more fuel. I think this is because higher HP MAF's stay in the lower volts a lot more thus the VQ number is going to be smaller, thus you have to compensate with higher K value.
When you upgrade injectors you decrease the K value, bigger CC injectors are able to flow more fuel at the same amount of time/pulsewidths, thus you need to reduce the overall fueling by adjusting the K value.