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View Full Version : What does 'fa+(ca-cl)=ltl+oe'mean


tiernanj
Mar 10, 2009, 07:01 PM
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

ROLCAM
Mar 11, 2009, 01:49 AM
what does 'fa+(ca-cl)=ltl+oe'mean ?

fixed assets + ( current assets less
current liabilities) equals
long term liabilities + owners' equity.