. Assuming revenues are received in cash and expenses, except for depreciation, are paid in cash, net cash flows for a period are equal to
A) net income.
B) net income plus income tax expense.
C) net income minus depreciation expense.
D) net income plus depreciation expense.
. The point at which products are separated in a joint production process is the
A) joint product point.
B) separation point.
C) breakeven point.
D) split-off point.
