lucasg85

prophets,
I double checked, When calculating NOL, AP is not interest-bearing, therefore not really an operating liability. just remember the formula below
NOL: Liability less notes payable less long term debts.

Included in net monetary liability, you would want to add up the following:
Accounts payable, notes payable, long term debts



Edited 2 time(s). Last edit at Wednesday, May 18, 2011 at 01:40AM by passme.