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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Answer: The required value of f(3) is 81.
Step-by-step explanation: We are given the following function :
We are to find the value of f(3).
Substituting x = 3 in equation (i), we get
Thus, the required value of f(3) is 81.
Answer:
looks like a nazi symbol
Step-by-step explanation:
Answer: 6
Step-by-step explanation:
Answer:
The second term defines the value that will be depreciated by the rate of 22 units for m months.
Step-by-step explanation:
Given is :
The value of the gadget after 'm' months = 2020 - 22m
This expression tells us that, each month Meghan's gadget's price falls by 22 units from the original value.
The original value of the gadget is 2020 units.
Therefore, the constant term (2020 )of the expression represents the original value of the gadget,
And the second term defines the value that will be depreciated by the rate of 22 units for m months. And m defines the number of months Meghan will keep the gadget.
