Capital Employed

The value of all funds invested in the capital required to run a business. The equation is Total Assets minus Current Liabilities. The assets are all of the firm's stuff expected to generate revenue (factories, machines, and components used to make the widgets it plans to sell) while the current liabilities are obligations that are coming due soon (within a year) such as accounts payable (money owed to suppliers for parts already purchased to make the widgets that will be sold to generate revenue).

That's capital employed...to do stuff. But what happens when it goes on strike? And can Capital be unionized? Dollars of the world unite!