Question: Which statement about net cash flow is true? a . The firm's net cash flow is often called the bottom line since it is the

Which statement about net cash flow is true?
a. The firm's net cash flow is often called "the bottom line" since it is the lowest entry on the income statement.
b. Depreciation reduces a firm's asset balance, so an increase in depreciation would normally lead to a decrease in the firm's net cash flow.
c. Net Cash Flow = Net Income - Depreciation and Amortization Charges.
d. Net Cash Flow = Net Income + Noncash Charges - Noncash Revenues.

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