23 Owners equity in a company measures the value of the company based on the following calculation owners equity accounts receivable minus current liabilities owners equity assets minus liabilities owners equity fixed assets minus long term liabilities owners equity gross profit minus current assets and intangible assets owners equity sales revenues minus expenses

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23. Owners equity in a company measures the value of the company based on the following calculation: owners equity = accounts receivable minus current liabilities

23. Owners equity in a company measures the value of the company based on the following calculation:

owners equity = accounts receivable minus current liabilities
owners equity = assets minus liabilities
owners equity = fixed assets minus long term liabilities
owners equity = gross profit minus current assets and intangible assets
owners equity = sales revenues minus expenses

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