Examlex
The given set is a basis for a subspace W. Use the Gram-Schmidt process to produce an orthogonal basis for W.
-Let
Owner's Equity
The residual interest in the assets of the entity after deducting liabilities, often referred to as shareholders' equity or net worth.
Net Income
Net income is the ultimate profit a company achieves after subtracting all taxes, expenses, and costs from its total income.
Commercial Substance
A situation where the future cash flows of a business are expected to change significantly as a result of a transaction.
Plant Assets
Long-term tangible assets used in the operation of a business that are not intended for sale.
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