Question 38 1 pts For investment decision-making, financial professionals use cash flows. Which of the following statements is true regarding how operational cash flow is usually calculated? Net Income, as shown on a firm's financial statements, must be adjusted to derive operational cash flow (OCF) by adding back non-cash expenses. Net Income, as shown on a company's financial statements, is the same as operating cash flow (OCF). Accounting data is not helpful in calculating operational cash flow. D Net Income, as shown on a firm's financial statements, must be adjusted to derive operational cash flow (OCF) by subtracting interest expense and taxes and adding back non-cash expense. Question 39 1 pts You just won the lottery. You will receive $10,000 per year for 30 years. The payments are guaranteed and the first payment occurs one year from today. An investor offers to buy out your annuity for $150,000. Your opportunity cost of capital is 7%. You should: O Accept the offer because it is greater than the annuity's present value of $124,090 Accept the offer because it is worth less than the annuity's present value of $174,090 Reject the offer because it is below the annuity's value of $300,000 Reject the offer because it is less than the annuity's present value of $174,090 There is not enough information given to answer this