The Taylix Company's balance sheet showed $18,000,000 in assets and $10,000,000 in liabilities. From the given information, the firm's owners' equity equals $6,000,000.

Name: The Taylix Company's balance sheet showed $18,000,000 in assets and $10,000,000 in liabilities. From the given information, the firm's owners' equity equals $6,000,000.
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The owners' equity is calculated as assets minus liabilities, which equals $8,000,000 ($18,000,000 - $10,000,000).

The Taylix Company's Balance Sheet Showed $18,000,000 in Assets and $10,000,000