[14] a company calculated the following data for the period: cash received from customers $25,000 cash received from sale of equipment 1,000 interest paid to bank on note 3,000 cash paid to employees 8,000 what amount should the company report as net cash provided by operating activities in its statement of cash flows? a. $14,000 b. $15,000 c. $18,000 d. $26,000

Option (A) is correct.

Explanation:

Given that,

Cash received from customers = $25,000

Cash received from sale of equipment = $1,000

Interest paid to bank on note = $3,000

Cash paid to employees = $8,000

Net cash provided by operating activities:

= Cash received from customers - Cash paid to employees 8,000 - Interest paid to bank on note 3,000

= $25,000 - $8,000 - $3,000

= $14000

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.