In the Public Land Survey System (PLSS), a Township Labeled

question 22

Multiple Choice

In the Public Land Survey System (PLSS) , a township labeled T3N, R1W would indicate that it is

• A)a one-mile by one-mile tract of land that is 3 townships north of the nearest base line and 1 range west of the nearest principal meridian.
• B)a one-mile by one-mile tract of land that is 3 townships north of the nearest principal meridian and 1 range west of the nearest base line.
• C)a six-mile by six-mile tract of land that is 3 townships north of the nearest base line and 1 range west of the nearest principal meridian.
• D)a six-mile by six-mile tract of land that is 3 townships north of the nearest principal meridian and 1 range west of the nearest base line.

---

Definitions:

Financial Plan

A strategic roadmap designed to manage an individual's or an entity's current financial situation and future financial goals.

Sales Growth Expectations

Anticipations or forecasts about the future increase in sales revenue over a specified period.

Sustainable Growth Rate

The maximum rate at which a company can grow its sales, earnings, and dividends without increasing its equity and while maintaining its existing debt-equity ratio.

Debt-Equity Ratio

A calculation to determine a business's leverage by dividing its liabilities by the equity of its stockholders.