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    tiernanj's Avatar
    tiernanj Posts: 11, Reputation: 1
    New Member
    		  
    #1

    Mar 10, 2009, 07:01 PM
    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
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
    		  
    #2

    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.
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