If a Room Requires 27

question 100

Multiple Choice

If a room requires 27.8 square yards of carpeting,what is the area of the floor in units of ft²? (3 ft = 1 yd)

• A) 83.4 ft²
• B) 9.27 ft²
• C) 166.8 ft²
• D) 250 ft²
• E) 70.6 ft²

---

Definitions:

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting its decrease in value over time.

Indirect Method

A way of preparing the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital to find the net cash from operating activities.

Inventory

The raw materials, work-in-progress products, and finished goods that a company holds with the intent to sell or produce goods.

Operating Activities

Business activities related directly to the operation of the company, such as selling products, manufacturing, and providing services.