In order to generate cash, Company L securitized its accounts receivable through a special purpose entity. Company M pledged its accounts receivable to a local bank in order to secure a short-term loan. Assuming Company L and Company M are identical in all other respects, which company has higher operating cash flow and which company has higher financing cash flow?
Higher operating cash flow　　Higher financing cash flow

[单选题]If a non-financial company securitizes its accounts receivable for less tha

[单选题]How will a firm's operating cash flow be affected by a decrease in accounts

[单选题]During 2009, a company reported the sale of accounts receivable but retaine

[单选题]If a nonfinancial company securitizes its accounts receivables for less tha

[单选题]Accounts receivable and accounts payable are most likely classified as whic

[单选题]A company's current ratio is 9. If some of the accounts payable are paid of

[名词解释] 特定交易机构(special purpose vehicle,SPV)

[单选题]In order to help them through the difficult time between harvests the peasants have to______.A．) sell cotton in advanceB．) be encouraged to save moneyC．) sow cotton in timeD．) plant millet fast

[单选题]A（）is a special type of parent company that exercises little operating control over the subsidiary，merely“holding”its stock as an investment.A . Public companyB . holding companyC . firmD . conglomerate

[单选题]Red Company immediately expenses its development costs while Black Company