Polk co. acquires a forklift from quest co. for $30,000. the terms require polk to pay $3,000 down and finance the remaining $27,000. on march 1, year 1, polk pays the $3,000 down and accepted delivery of the forklift. polk signed a note that requires polk to pay principal payments of $1,000 per month for 27 months beginning july 1, year 1. what amount should polk report as an investing activity in the statement of cash flows for the year ended december 31, year 1?
answer; /// i do believe the correct answer is (30,000);
if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!
answerall of the above;