What does 'fa+(ca-cl)=ltl+oe'mean

Question

Mar 10, 2009, 07:01 PM

tiernanj

New Member

Join Date: Mar 2009

Posts: 11

What does 'fa+(ca-cl)=ltl+oe'mean

I know the first part is Fixed assets - working capital= long term liabilities + OE?
What is OE? And what does this formula mean?

I searched google but could not find anything...

thanks in advance

Answers

Mar 11, 2009, 01:49 AM	#2

ROLCAM Accounting Expert Join Date: Dec 2005 Location: sydney australia Posts: 1,005	What does 'fa+(ca-cl)=ltl+oe'mean ? FIXED ASSETS + ( CURRENT ASSETS less CURRENT LIABILITIES) equals LONG TERM LIABILITIES + OWNERS' EQUITY. Comments on this post Clough agrees: Excellent answer!!

Similar Sponsors

Thread Tools

Show Printable Version

Email this Page

Search this Thread

Advanced Search

Bookmarks

Digg
del.icio.us
StumbleUpon
Google



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!