The concept of historical cost in accounting involves valuing business resources at their purchase price. This is further explained below.
<h3>What is the historical cost?</h3>
Generally, historical cost is a value of measure used in accounting that records the value of an asset on the balance sheet at its original cost when purchased by the firm.
In conclusion, valuing business resources at their purchase price is what historical cost is about.
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<span>Representing in fraction for the best understanding
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When the exponent is negative, the inversion is made, the numerator becomes the denominator, and the denominator becomes the numerator, and the change of signal from the exponent, which was negative, becomes positive.
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Answer:
c.-1/6
(4-4x)(x-3)
4x-12-(4x^2)+12x
(-4x^2)+16x-12=(pxq)(x)
Answer:
$50.08
Step-by-step explanation:
Let's use x to represent the lesser expensive hat and 2x to represent the more expensive hat since the more expensive hat is twice the price.
So, our equation would be 2x + x = 75.12
We can combine them together to make 3x.
Then, we make the 3x equal to 75.12
3x = 75.12
Now, we solve it.
Divide both sides by 3 to solve for x.
75.12/3 = 25.04
x = 25.04
Lastly, plug it in for 2x to get the price of the more expensive hat.
2(25.04) = ?
2(25.04) = 50.08
Therefore, the price of the more expensive hat is $50.08
