Solve the Problem. -A Rectangular Carpet Has a Perimeter of 288 Inches. the 288

question 204

Multiple Choice

Solve the problem.
-A rectangular carpet has a perimeter of 288 inches. The length of the carpet is 96 inches more than the width. What are the dimensions of the carpet?

• A)132 by 144 in.
• B)84 by 108 in.
• C)120 by 144 in.
• D)120 by 24 in.

---

Definitions:

Accrual of Earnings

The accrual of earnings refers to the recognition of revenues and expenses when they are earned or incurred, regardless of when cash transactions occur.

Dividends

Dividends are payments made by a corporation to its shareholders, usually as a distribution of profits, reflecting the shareholders' ownership in the company.

Equity Method

An accounting technique used by a company to record its investment in another company, where the investment represents a significant influence over the investee.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after elimination of inter-company transactions and accounts.