Equipment Is Acquired by Issuing a Note Payable for $57,000

question 16

Multiple Choice

Equipment is acquired by issuing a note payable for $57,000 and a down payment of $30,000.The statement of cash flows will report a:

• A)$30,000 inflow in the operating activities section.
• B)$57,000 inflow in the investing activities section.
• C)$57,000 cash inflow in the financing activities section.
• D)$30,000 cash outflow in the investing activities section.

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Definitions:

Maintaining Goodwill

The effort to preserve or enhance positive relationships and reputation with others, often through ethical behavior and communication.

Buffers

Statements or elements in communication that soften the impact of a message, often used to prepare the recipient for bad news or criticism.

Apologize

Expressing regret or sorrow for having wronged someone, often as a way to repair a relationship.

Negative Messages

Communications that deliver unfavorable, disappointing, or unwanted news to the recipient.