Question

1) A blackboard mesasures 2m by 1 m 50 cm. what is its area in square metres.


2)A floor is 6.5 m long and 4m wide. a square carpet of side 3m is laid on the floor. find the area of the floor of the room.
​

Answer 1

Answer:

1) 1 m 50 cm = 1.5 m

Area in square metres = (2 m)×(1.5 m)

= 3 m^2 or 3 square metres

2) Area of the floor = (6.5 m)× (4 m)

= 26 m^2

Answer 2

The statement of financial position also known as a Balance Sheet represents the Assets, Liabilities and Equity of a business at a point in time.

For example:

Assets include cash, stock, property, plant or equipment – anything the business owns. Liabilities are what the business owes to outside parties, eg. suppliers, bank or business loans. Equity is the remaining proportion of the owner’s financial interest in the business after deducting any liabilities from the total assets in the business.