1. The Definition of Norm (Length) In standard Euclidean geometry (like high school math), we find the length of a vector using the Pythagorean theorem. In abstract linear algebra, we generalize this concept using the Norm. The Definition: Let \(V\)…
In Linear Algebra, choosing the right basis can be the difference between a five-minute calculation and a five-page headache. While any linearly independent set can act as a basis, not all bases are created equal. In this post, we explore…
In our previous exploration of inner product spaces, we defined the tools for measuring “length” and “angle (orthogonality)” in abstract vector spaces. Now, it is time to put those tools to work to solve concrete problems. I will introduce the…
I will start by showing that complex linear “machines” (functions) can essentially be replaced by a single, unique vector. Then, we will learn how to “flip” operators from one side of an inner product to the other, and finally, we…
At its core, the accounting equation forms the foundation of all business accounting. In practice, accountants record every financial activity according to this principle and then summarize these activities in four essential financial reports: the Balance Sheet, Income Statement, Statement…
In our previous post, we explored the accounting equation and the four main financial statements, including their core parts and how they relate. Today, we’ll examine a real company’s financial statements—Microsoft’s—to see these relationships in action. Where to Find the…
Building on our previous exploration of the Balance Sheet, this section will now focus on the Statement of Cash Flows and its connection to the diagram above. In essence, the Statement of Cash Flows explains the change in the Cash…
To understand a company’s financial story, look at the Statement of Equity. While most people focus on the Income Statement and Balance Sheet, this statement bridges the two, showing you how a company’s ownership structure has changed over time. At…
An income statement is a powerful tool for measuring a company’s financial health. While the balance sheet is like a photo of a company at a single moment in time, the income statement is more like a video—it shows how…
Creating your own simple financial statements is one of the most effective methods for grasping the fundamentals of financial accounting. This method builds on a few key principles: Example: The Coffee Stand, Inc. (CSI) For a simple example to get…