A truck acquired at a cost of $69,000 has an estimated residual value of $12,000, has an estimated useful life of 300,000 miles,
and was driven 77,000 miles during the year. Determine the following. If required, round your answer for the depreciation rate to 2 decimal places. (a) The depreciable cost $
(b) The depreciation rate $ per mile
(c) The units-of-activity depreciation for the year $
<span>If Octavio wants to compare
the gross national product for six different countries for the year 2016, he can best show his information by
combination charts.</span><span> For example, you can combine a line
chart or a bar chart that shows the gross national product (GNP) range with a
column chart that shows GNP per country. The two variables are set as Y and X
axis respectively.</span>
a) a monetary unit for measuring and comparing the relative values of goods.
Explanation:
In the case when the economist said that money could be treated as the store of value so this means that it represent one of the functions of money which can be stored and retrieve later onwards
Also it is a monetary unit that could be used for measuring and also compared the goods value