Strategic planning involves setting short-term goals that extend three to four months into the future

Maya Company reports the following amounts for the year ending on December 31, 2004: Merchandise Inventory, January 1, 2004 : $70,000 Cost of Transportation : $2,300 Invoice Cost of Merchandise Purchases : $195,000 Purchase Returns and Allowances: $4,650 Purchase Discounts Received: $3,500 Cost of Goods Sold: $158,700 Cost of merchandise returned by customers and restored to inventory: $17,300 Calculate the Merchandise Inventory, December 31, 2004.

A) $117,750 B) $83,150 C) $45,150 D) $113,150 E) $129,450

A description of property that reads "Commencing on the south side of 'O' Street, at a point 150 feet west of 'O' and 85th Street, running in a southwesterly direction..." would be an example of which of the following land description methods:

A: Recorded lot and block system; B: U.S. Government Range and Township system; C: Metes and bounds; D: U.S. Coastal and Geodetic Survey