4x + 1 = -5x -8
4x +5x = -9
9x = -9
x = -1
y=-4+1 = -3
x=-1 y=-3
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 correct answer to the following question will be Option d (181 degrees of freedom).
Step-by-step explanation:
The given values are:
Regression model,
n = 200
Observations,
p = 18
Now,
⇒ 
On putting the estimated values, we get
⇒ 
⇒ 
So that the correct choice will be "181 degrees of freedom".
