(3) Which of the following expenses turns out to be a type of non-cash expenses? A. interest expenses B. administrative expenses C. depreciation expenses D. taxes turns out to be the origin of the agency problem. A. Separation between the residual control right and residual claim right B. Separation between the control right and claim right C. Separation between the ownership and management D. Separation between the cash flow right and control right (5) If total assets are $200 and total liabilities are $150, what is the amount of equity on the balance sheet? A. $200 B. $150 C. $50 D. Cannot be determined from the information (6)Interest expense is a type of expense closely related with the corporation's activities. A. operating B. investing C. financing D. profit allocating (7) Cash flow from assets has another name, what is it? A. free cash flow B. operating cash flow C. incremental operating cash flow