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a. What is bad debt? How businesses can prevent bad debts? Is the impact of bad debts harmful? Discuss how businesses can use the annual

a. What is bad debt? How businesses can prevent bad debts? Is the impact of bad debts harmful? Discuss how businesses can use the annual reports to minimize the bad debts?

b. When a company reports a net loss, can the company still pay dividends to its shareholders? Discuss how the company can still pay dividends and the implications towards that company.

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