Answer: The area of the parking lot is 14,400 meters squared.
Step-by-step explanation:
We have the dimensions of the parking lot.
60m by 240m
The units used here are meters.
Now, if we want to know the area of the parking lot is equal to the product between the length and the width:
A = 60m*240m = 14,400 m^2
The area of the parking lot is 14,400 meters squared.