Assume Revenues Are Received in Cash and Expenses,except for Depreciation,are

Multiple Choice

Assume revenues are received in cash and expenses,except for depreciation,are paid in cash.Based on this assumption,which of the following statements is true?

A) Net cash flows for a period are equal to net income minus depreciation expense.
B) Net cash flows for a period are equal to net income.
C) Net cash flows for a period are equal to net income plus depreciation expense.
D) Net cash flows for a period are equal to net income plus income tax expense.