Kalulu Co is a medium-sized company whose ordinary shares are all owned by the members of one family. It has recently begun exporting to a European country and expects to receive C500,000 in six months' time. The prospect of increased exports to the European country means that Kalulu Co needs to expand its existing business. operations in order to be able to meet future orders. All of the family members are in favour of the planned expansion, but none are in a position to provide additional finance. The company is therefore seeking to raise external finance of approximately B1 million a) Discuss the relationship between investment decisions, dividend decisions and financing decisions in the context of financial management, ilustrating your discussion with examples where appropriate (marks) b) Discuss any two reasons why small and medium-sized entities (SMEs) might experience less confict between the objectives of shareholders and directors than large listed companies (5 marks) c) Discuss any four factors that Kaluly Co should consider when choosing a source of debt finance and any two factors that may be considered by providers of finance in deciding how much to lend to the company (12 Marks) [Total:25 Marks]