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
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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
what does 'fa+(ca-cl)=ltl+oe'mean ?
fixed assets + ( current assets less
current liabilities) equals
long term liabilities + owners' equity.
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