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

A.Company L　　　　　　　　Company L

B.Company L　　　　　　　　Company M

C.Company M　　　　　　　　Company L