Why is it that why net income is not generally considered equivalent to cash flow? Select one: a

Why is it that why net income is not generally considered equivalent to cash flow? Select one: a. A firm's assets can be greater than its liabilities. O b. Revenues reported on the income statement may not necessarily be collected in cash during the period. c. Expenses reported on the income statement may not necessarily be paid in cash during the period. d. A firm's cash balances are listed in the assets section of the balance sheet. O e.B.&c. The Payback period for a given capital budgeting project is a measure of which of the following? Select one: O a. The rate of return on capital invested in the project b. The certainty level that the outstanding loan balances will be repaid prior to the contractual maturity of the loan c. The amount of time necessary to recapture the initial investment in the project d. The total amount of new wealth created by the project e. The basic measure if the productivity of invested capital