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The Watch Shop earned net income of $68,000 after deducting depreciation of $6,000 and all other expenses. Current assets decreased by $5,000, and current liabilities
The Watch Shop earned net income of $68,000 after deducting depreciation of $6,000 and all other expenses. Current assets decreased by $5,000, and current liabilities increased by $7,000. How much was The Watch Shop's cash provided by operating activities (indirect method)? OA. $76,000 OB. $50,000 ( C. $86,000 OD. $60,000
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