Solve the Problem -You Have 64 Feet of Fencing to Enclose a Rectangular

question 213

Multiple Choice

Solve the problem
-You have 64 feet of fencing to enclose a rectangular plot that borders on a river. If you do not fence the side along the river, find the length and width of the plot that will maximize the area.

• A)length: 32 feet, width: 32 feet
• B)length: 32 feet, width: 16 feet
• C)length: 16 feet, width: 16 feet
• D)length: 48 feet, width: 16 feet

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Definitions:

Amortization

The process of gradually writing off the initial cost of an intangible asset over its useful life.

Acquisition Differential

The gap between the acquisition cost of a company and the fair value of its clearly identifiable net assets.

Impairment

A decrease in the recoverable value of an asset below its carrying amount, leading to an adjustment in the value recorded on financial statements.

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net tangible assets.