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Which of the following statements about accounting procedures and their impact on the statement of cash flows is least valid? All else equal: A. Cash flow from financing (CFF) is higher over the life of a bond if a firm issues the bond at a premium, compared to issuing the bond at par. B. A company that finances through common stock issues may have the same cash flow from financing (CFF) as a firm that issues debt. C. A nonprofitable company that uses LIFO to account for inventory will have higher total cash flow than a nonprofitable company that uses FIFO during a period of rising prices. |