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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5 0

2 years ago

Read 2 more answers

In this diagram, what is the value of b, correct to the nearest tenth?

lilavasa [31]

We will use the Sine Law:
$\frac{sin 54.33}{b}= \frac{sin29.16}{3} \\ b = \frac{3sin54.33}{sin29.16}$
b = 5.001
Answer: D) 5.0

3 0

3 years ago

A rectangular parking lot must have a perimeter of 440 feet and an area of at least 8000 square feet. Describe the possible leng

tangare [24]

Answer:

The possible parking lengths are 45.96 feet and 174.031 feet

Step-by-step explanation:

Let x be the length of rectangular plot and y be the breadth of rectangular plot

A rectangular parking lot must have a perimeter of 440 feet

Perimeter of rectangular plot =2(l+b)=2(x+y)=440

2(x+y)=440

x+y=220

y=220-x

We are also given that an area of at least 8000 square feet.

So, $xy \leq 8000$

So, $x(220-x) \leq 8000$

$220x-x^2 \leq 8000$

So, $220x-x^2 = 8000\\-x^2+220x-8000=0$

General quadratic equation : $ax^2+bx+c=0$

Formula : $x=\frac{-b \pm \sqrt{b^2-4ac}}{2a}$

$x=\frac{-220 \pm \sqrt{220^2-4(-1)(-8000)}}{2(-1)}\\x=\frac{-220 + \sqrt{220^2-4(-1)(-8000)}}{2(-1)} , \frac{-220 - \sqrt{220^2-4(-1)(-8000)}}{2(-1)}\\x=45.96,174.031$

So, The possible parking lengths are 45.96 feet and 174.031 feet

3 0

3 years ago

. 7/8 = /48<br> A. 6<br> B. 1<br> C. 13<br> D. 42

hodyreva [135]

7/8=x/48

x=(7/8)48
x=(7)(48/8)
x=(7)(6)
x=42
D.42

4 0

3 years ago

What do you get when you subtract 9 from b??​

What do you get when you subtract 9 from b??