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Which of the following statements are false? 1. Firms with an operating loss can still report positive operating cash flows. 2. Repurchasing common stock will

Which of the following statements are false? 1. Firms with an operating loss can still report positive operating cash flows. 2. Repurchasing common stock will decrease financial leverage and decrease financial risk. 3. Dividends are reported on a firm's income statement. 4. Higher selling, general, and administrative costs will decrease a firm's operating profit margin

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