The Owner of Triangular Lot Wishes to Fence It Along

question 69

Multiple Choice

The owner of triangular lot wishes to fence it along the lot lines. Lot markers at A and B have been located, but the lot marker at C cannot be found. The owner's attorney gives the following information by phone: AB = 355 ft, BC = 295 ft, A = 35.0°. What is the length of AC? Do not use rounded answers during calculations. Round your final answer to three significant digits.

• A) AC = 77.3 ft
• B) AC = 291 ft
• C) AC = 504 ft
• D) AC = 173 ft
• E) No solution.

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Definitions:

Negative Goodwill

A financial situation where the purchase price of a company is less than the fair market value of its assets minus liabilities.

Acquisition Method

An accounting method used to account for business combinations, emphasizing the fair value of the acquired entity.

Identifiable Net Assets (INA) Method

A valuation technique used in business combinations and acquisitions, calculating the difference between the fair value of the acquiree's identifiable assets and liabilities.

Non-Controlling Interest (NCI)

The portion of equity in a subsidiary not owned by the parent company, representing minority shareholders' interest.