HOSTING A TOTAL OF 318 FORMULAS WITH CALCULATORS

## Total Assets

assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset.

Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).Assets can be divided into e.g. current assets and fixed assets.Assets are listed on the balance sheet.The total value of a firms Assets are always equal to the combined value of its equity and liabilities.

## $L+E$

Here L=Liabilites AND E=Equity

ENTER THE VARIABLES TO BE USED IN THE FORMULA

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