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Answer :
Final answer:
The company needs 4 times their current space of 20,000 square feet, which is 80,000 square feet. This is approximately 1.84 acres, but rounded up to the nearest whole number, they need at least 2 acres for their new project.
Explanation:
The company's current space is 20,000 square feet. For the new project, they need 4 times this amount, which is 80,000 square feet. To convert the area from square feet to acres, we need to know that 1 acre is approximately equal to 43,560 square feet. Thus, to find out the minimum amount of acreage needed, we would divide the required square footage by the square footage of 1 acre. So, 80,000 divided by 43,560 equals approximately 1.84 acres.
However, the options given are all whole numbers, so we need to round this up to the nearest whole number which is 2 acres. Therefore, they need at least 2 acres to complete the project. It should be noted that acquiring only the minimum needed space might not leave room for error or expansion, and the costs of acquiring slightly more land may be offset by the benefits of having extra space.
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The company requires 4 times their current land size of 20,000 sq ft for a new project, resulting in 80,000 sq ft, which converts to just under 2 acres. Therefore, the minimum acreage needed is 2 acres (Answer B).
The company currently has 20,000 square feet of land and needs 4 times as much space for a new project. To calculate the total square footage required for the project, multiply the current land size by 4:
20,000 sq ft x 4 = 80,000 sq ft.
Next, we need to convert square feet to acres, knowing that 1 acre equals 43,560 square feet:
80,000 sq ft / 43,560 sq ft per acre = approx 2 acres.
Therefore, the minimum amount of acreage needed to complete the project is:
2 acres (Answer B).
