Question: Is there a difference between net income and operating cash flow in the previous problem? If so, why? O Yes, net income is lower than
Is there a difference between net income and operating cash flow in the previous problem? If so, why? O Yes, net income is lower than operating cash flow because interest is a non-cash expense. O Yes, net income is higher than operating cash flow because depreciation is a non-cash expense. O Yes, net income is higher than operating cash flow because of the tax deductibility of depreciation and interest expense. No, net income and operating cash flow are the same. Yes, net income is lower than operating cash flow because of the tax deductibility of depreciation and interest expense
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